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Category: Legal
Satisfied Customers: 54299
Experience:  Licensed attorney helping individuals and businesses
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how do i stop a lien and sale of my vehicle

Resolved Question:

how do i stop a lien and sale of my vehicle
Submitted: 7 years ago.
Category: Legal
Expert:  INFOLAWYER replied 7 years ago.
What state are you in?
Did the seller place the lien?
another creditor?
Customer: replied 7 years ago.
i live in new york state. the vehicle was has a lien and sale notice as of 10/19/2009
Expert:  INFOLAWYER replied 7 years ago.
The only way to avoid this is to contact the creditor who placed the lien and either negotiate satisfaction of the underlying debt or a payment plan that is acceptable to both sides. The creditor normally prefers that to taking possession.
Customer: replied 7 years ago.
the creditor has allowed me to pay but is letting the storage fee continue to incur
Expert:  INFOLAWYER replied 7 years ago.
You need to work out a settlement in writing which would cover all fees to be paid. To avoid repo if money is owed, you may want to concede some storage amount.
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