News & Analysis as of

Motor Vehicles Liens

Hudson Cook, LLP

Vehicle Titles in the Age of the Internet

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Unlike most items of personal property, a motor vehicle usually has a certificate of title. We all know that the point of a vehicle title is to show who owns the vehicle and who (if anyone) has a lien on it....more

Hudson Cook, LLP

Indiana Department of Financial Institutions Publishes Advisory Letter on Characterization and Disclosure of E-Lien Fees

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On June 30, 2023, the Indiana Department of Financial Institutions published Advisory Letter 2023-01, addressing the permissibility of e-lien fees not payable to the Indiana Bureau of Motor Vehicles. The publication was...more

Amundsen Davis LLC

New Requirements Related to E-Lien Filing in Motor Vehicle Consumer Loans

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Indiana recently enacted laws allowing creditors involved in consumer credit transactions secured by motor vehicles or other titled assets to record their liens electronically. This is progress but there are other...more

McGlinchey Stafford

Inside Georgia’s Abandoned Motor Vehicle Act

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Many states have laws that provide “super liens” to facilities that tow, repair, and store vehicles. Georgia’s current abandoned motor vehicle statute is an example of how these statutes can put the secured party financing...more

Smith Debnam Narron Drake Saintsing & Myers,...

How to Avoid the Risky Business of an Unrecorded Lien on a Titled Vehicle

My secured lender clients sometimes contact me in desperation because they believe they cannot get their liens recorded on NC car titles. Their borrowers are not cooperating. Sometimes borrowers will fail to complete the...more

Ballard Spahr LLP

DOJ announces settlement of SCRA claims for auctioning of towed vehicles without court orders

Ballard Spahr LLP on

The Department of Justice recently announced it had entered into an agreement with the City and County of Honolulu, Hawaii (Honolulu) and its general contractor for towing services to settle a lawsuit filed by the DOJ...more

Maynard Nexsen

Is your Motor Vehicle Loan Safe? Part 2: North Carolina

Maynard Nexsen on

This article is a follow up to Bruce Wallace’s April 13, 2017 update, "Is your Motor Vehicle Loan Safe?" regarding how insurance policies may not protect the credit union’s lien. Specifically, Mr. Wallace’s update dealt with...more

Maynard Nexsen

Is your Motor Vehicle Loan Safe?

Maynard Nexsen on

Insurance policies may not protect the credit union's lien - Today’s insurance world is a complicated scene. Insureds have more choice than ever for insurance coverage. If a federal credit union has a lien on a motor...more

McNees Wallace & Nurick LLC

The Devil is in the Details

Recently here at McNees, we have been involved with dealer issues that have focused the light on the forms used in the vehicle sales process. There are numerous forms that need to be used to document the final sale of a...more

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