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Can you put a lien on a truck that you purchased for your boyfriend because he has not begin to pay the loan back?
Wiki User
∙ 12y ago
Only if he has signed a document that recognizes that you you lend him the money, that he promises to pay you back and that he pledges the truck as collateral for the loan. If this is the case you can legitimately put a lien on the truck and repossess it if he does not pay you. Other than that he can claim that you gave it to him as a gift.
Wiki User
∙ 12y ago
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