by fgregston » Wed Jul 22, 2009 01:59 pm
I work @ a Body shop/wrecker Storage facility. If a vehicle is towed in and the owner has no insurance, but has a lien against it. Does the law require the Lienholder to be responsible for the vehicle or the owner?
Posted: Thu Jul 23, 2009 10:55 am Post Subject:
How can one have no insurance on a car that has lien on it? Is there a possibility of filing the claim with a third party insurer?
Anyway, I don't think that you can have the lienholder responsible for the storage charges. They are not concerned with it. I think you'd need to bill the owner for the fees.
Posted: Sat Jul 25, 2009 04:18 pm Post Subject:
I just spoke with a storage and wrecker facility in Oklahoma that called me wanting to sell me a wrecked rollover. Turns out the bank had a lien on it but did not want to pay the storage of 2000.00 so they simply signed the title over to the storage facility so they could recoup their fees. Most storage yards have the primary liens and most states have laws that lienholders or insurers can not abandon vehicles at shops or storage facilities. The law carries very little fear of abandonment in my state as it is a misdemeanor with a fine of 25.00. Many vehicles wind up at storage facilities and are abandoned by insurers and private owners. Those facilities have the legal right to secure that property from lienholders or owners if abandoned by filing the proper documents with the state.
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