If you don't hold the title to that truck, you have nothing to put a lien on. The title holder is the actual legal owner of that vehicle, and when you say you're saying that you're leasing it from your "employer" (in reality, you, as a lease operator would be a 1099 contractor, not an employee), it tells me they hold the title on the truck, and already have a lien on it, as well.
You have nothing to put a lien on, plain and simple.
Yes, It is called a Mechanics Lien
with bad credit, i want to purchase another tractor truck, what financial institutions would put a lien on my tractor truck
Contact a lawyer. You have grounds for legal action.
Do you have title? Check title to see if lien has been released Check with RMV/DMV to see if lien has been released
You should be able to if the leasing company clears the lien on the vehicle.
I guess the answer to this question is as unattainable as my truck seems to be. Thanks for trying. Lissa, owner of the vehicle
Yes, provided he has a valid lien. Often, in the event of unpaid vehicle repair debts, mechanics can obtain a mechanic's lien. Repossession can be a means of enforcing a mechanic's lien.
It would mean EXACTLY what it says; there is "NO LIEN", the named owner on the title owns the vehicle free and clear and can do with it as he or she pleases.
Half of everything belongs to you! Doesn't matter what he wants. People do things like this when they are hurt. There is no such thing as a "fictitious lien" either there is a lien on the truck or there isn't. Please see a lawyer and be sure you get what is rightfully yours. Marcy
Best way to do it is let the professionals take care of that part. Contact them, show them the title and the lien to the vehicle, and let them do their thing.
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.
Yes