Top 4 Ways to Sell a Car with a Lien Effectively

Table of Contents Expand Table of Contents Close When you buy a car using a loan or another type of financing from a private party or financial institution, the name of the lender is entered on the certificate of title as a lien holder. A lien is a legal right on some property granted to a creditor, which acts as a guarantee of an underlying obligation, such as the repayment of a loan on a home or a car. If that obligation is not satisfied, the creditor may seize the asset that is the subject of the lien. W ...