Appeals Court Rejects Tow Yard Front-loaded Storage Fees

Tow yards in New York cannot charge storage fees after towing a vehicle for police unless they follow the strict set of rules in New York Lien Law 184. Tow yard overcharging is a persistent problem because tow yards see no downside to pushing the envelope, hoping that lienholder/lessors are unaware of the legal limitsContinue reading “Appeals Court Rejects Tow Yard Front-loaded Storage Fees”

Federal Court Puts the Brakes on Gouging for Parking Tickets

For many years, the City of Yonkers deployed a strategy designed to make lease/lienholders pay for the costs of its attempt to collect unpaid parking tickets. Yonkers would boot a vehicle and then call in a private towing company to haul away and hold the vehicle hostage. Yonkers would then send the lease/lienholder a letterContinue reading “Federal Court Puts the Brakes on Gouging for Parking Tickets”

Lienholders no longer have to pay for parking tickets in Nassau County

For many years, Nassau County has seized cars as a way to make drivers clear up old parking tickets. If the tickets were not paid, the County  would dispose of the vehicle. If a lienholder or lessor wished to recover a seized vehicle, Nassau County required payment of not just the tickets on the seized car,Continue reading “Lienholders no longer have to pay for parking tickets in Nassau County”

Recovering vehicles from the NYPD

The NYC police department (NYPD) seizes more vehicles than any other agency in the country. The NYPD has been sued many times over the years and it has used the lessons learned from those lawsuits to refine its seizure and impound practices to the point where the NYPD has very specific and orderly procedures forContinue reading “Recovering vehicles from the NYPD”

Six most important changes in garage lien laws in 2021

2021 brought many changes in garage impounds Here are the six most important developments that benefit lien/leaseholders… Elimination of abusive storage fee tacticsThe worst abuse, the secret lien for storage, has met its demise.  For years garages contended that they had no obligation to send notice of accruing storage fees to lienholders/lessors. Garages would pile upContinue reading “Six most important changes in garage lien laws in 2021”

A must read for leasing companies

Important new case means better protection for you Does the idea that someone could transfer your car to someone else without your consent seem wrong. For years, that is exactly what lessees have been doing to secure payment for garage repairs; they allow the garage to put a lien on the vehicle, without the knowledgeContinue reading “A must read for leasing companies”

Beware of fraud resulting from lien release law

NY’s new dealer lien release law exposes lienholders to title fraud On June 17, 2013, NY Vehicle and Traffic Law Section 2121(b) goes into effect. This new law will enable dealers to release vehicle liens without lienholder consent. The law is intended to enable dealers to quickly resell vehicles that come in on trade. (TheContinue reading “Beware of fraud resulting from lien release law”

Two Tricky Repo Issues

Does NY law prohibit repossession on weekends? New York Vehicle and Traffic Law (V&T) 425 requires that the repossessing creditor send a notice of repossession to the DMV and the vehicle owner within 24 hours of repossession. DMV offices are closed on Saturdays and Sundays. The most conservative creditor could resolve the problem by notContinue reading “Two Tricky Repo Issues”