The answer is, it depends. Without seeing the loan documents in question, it is practically impossible to advise you. I would recommend you use the find lawyer tab above to locate a lawyer in your area. Many lawyers offer free consultations where you can gain a better understanding of your legal rights. One sure way to find out is to pay off the car note and see if they release the collateral. A lot of big banks do crazy things and it is not beyond the realm of possibility. Good Luck
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