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Lienholder Non-Perfected Title Liens: Solutions
1 year ago
2
Automotive
Vehicle Lender
Non Perfected Lien
Title Issues
Lienholder
Bonded Title
Court Order Title
Vehicle Repossession
Dealer Problems
Car Titles
Cartitles.com
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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