ENCUMBERED VEHICLES

An encumbered vehicle listing notes that a borrower has a debt secured against a vehicle, the borrower may be behind in payments and have made payment arrangements, however the contract is still in part outstanding and the whereabouts of that secured vehicle is unknown.

The category of encumbered motors vehicles includes motor vehicles, motor bikes, commercial vehicles, farm and earthmoving equipment, caravans mobile homes. boat, aircraft, tractor, grader, excavator, etc.