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What if my mortgaged car is sold?
Legal analysis: It is very important to report the case to the local police station and then let the police file a case. At this time, if the police accept it and help you deal with it, then you must follow the police's method. The second is negotiation, because your car is mortgaged, so the other party has no right to sell your car. You can negotiate with the other party and ask to return the car to you at this time. The last one is to sue the other party directly, which is the most effective way and the way to get the greatest benefit. Because the other party has no right to sell the car, I will directly sue the other party and file a contract dispute. In this case, the probability of winning the case is very high. Because the car is only mortgaged and not sold to the other party, the other party has no right to do so. Anyone can ask for some compensation, which is also possible.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 394 Where the debtor or a third party mortgages the property to the creditor to guarantee the performance of the debt without transferring the property, and the debtor fails to perform the due debt or realize the mortgage right according to the agreement of the parties, the creditor has the right to be paid in priority for the property. The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.

Article 395 The following properties that the debtor or a third party has the right to dispose of may be mortgaged: (1) Buildings and other land attachments; (2) The right to use construction land; (3) the right to use the sea area; (4) Production equipment, raw materials, semi-finished products and products; (5) Buildings, ships and aircraft under construction; (6) means of transportation; (seven) other property not prohibited by laws and administrative regulations. The mortgagor may mortgage the property listed in the preceding paragraph together.

Article 400 To establish a mortgage, the parties shall conclude a mortgage contract in writing. A mortgage contract generally includes the following clauses: (1) the type and amount of secured creditor's rights; (2) The time limit for the debtor to perform the debt; (3) The name and quantity of the mortgaged property; (4) the scope of the guarantee.

Article 419 During the limitation of action for principal creditor's rights, the mortgagee shall exercise the right of mortgage. If it does not exercise, the people's court will not protect it.