Lienholder Non-Perfected Title Liens: Solutions

5 months ago
1

As a vehicle lender, what do you do if your dealer didn't list you as a lienholder on the title? This issue, known as a non-perfected lien, can prevent you from repossessing or selling the vehicle. If the dealer is still accessible, have them correct it. If not, you may need to pursue a bonded title, court order title, or civil lien. Regularly audit your portfolio to ensure all liens are perfected. Early action is crucial to avoid complications if the borrower stops making payments. For more information and assistance, visit www.cartitles.com.

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