Overhaulin'

DO I have a lien on my car title with just my name?

I bought my car about 4 years ago and took out a loan from a credit union. When I got my title from the dealership I bought it from (they took care of all the paperwork and registration and title) the title just has my name on it. I defaulted on the loan about 2 years ago but my question is can I sell the car since my name is just on the title and there is no lien on the title whatsoever.

Public Comments

1. If there is nothing about a lien on the title then you can unless your credit union went and got a judgement against the car and if so the new owner will not be able to register the car or get a tag. rd
2. If they sent you a title without the lein they made a mistake. Call the DMV to be sure the title is clear. If you sell the car, the new owner may have title problems later when the leinholder realizes the mistake. p.s. I could be wrong, I am just guessing.
3. Sounds like you got a "personal loan" which did not require you to take the title to the credit union. You are still in default for the loan and it may "jump out" at you any time. Only the DMV can tell you if there is a lien on the title. You may also want to check your credit reports.
4. If the loan you got was a Signature loan, then no collateral was needed.. The title would come to you clear. You will be able to sell the vehicle. However, you still owe the company that loaned you the money. If the loan you got used the vehicle for collateral you should call or go to the local DMV and ask if a duplicate title has been issued. If not, you can sell the vehicle. If a duplicate has been issued, you can not sell the vehicle.