0
I have an employee that I assigned a car to, registered in his name. I will be terminating him prior to the car being paid off by company that has a value still owned of 7500.00. I am lien holder on the title. Can I take this car back during termination, as we he will no longer work for the company.
Answer
Get legal advice as to how to do this properly. You may need a signature from him at the time of termination. Then, get some advice on how to sensibly set this up for future employees. Just as a fellow person, I am not sure about how the registration made sense.
Still curious? Ask our experts.
Chat with our AI personalities
ProfessorI will give you the most educated answer.
Chat with Professor
BlakeAs your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
FranI've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with FranAdd your answer:
Earn +20 ptsQ: How do you repossess an auto?
Write your answer...
Submit
Still have questions?
Trending Questions
What causes make the link fusible blow out in car Nissan truck?
What do you do if you get distracted really easily?
You should drive on the shoulder to pass a car only?
How long does it take to cover 708 miles by airplane?
How do you adjust headlights on jaguar 2003?
Will coil break down when engine gets hot?
If oil is empty in your car will it steam?
What was the first make of automobile to offer ac?
What happens to cars used in television shows?
Does anyone know about the car accident on oak ave and rively in glenolden pa. this morning at 355?
What car manufacturer has a logo resembling a flower or crown?
How much was the average cost of gas in 1966?
Can you replace a cr1620 with a cr2016?
How does a blinker in automobiles work?
Will a seatbelt violation cause insurance to go up in Minnesota?
After a car is repossessed what happens to the owner of the car does he have to pay it off or what happens?
How much commission the insurance agent makes?
Can i use 10w30 full synthec in a polaris ranger 800 xp?
What is the penalty in Pennsylvania for driving without car insurance?
Can a blown thermostat cause a blown gasket?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.