Protecting Lienholder Interests in an Era of Forged Titles Client Advisory Title fraud is blowing up nationwide. The usual scenario involves a vehicle being sold to an unsuspecting buyer with what appears to be a clean title—but that transaction does not extinguish a valid lienholder interest. Banks, captive finance companies, and other secured creditors need …
State law sometimes affords lienholders and lessors significant protections that remain underused because they are not widely understood. In this regard, we are fortunate to have a guest star for this issue—Massachusetts attorney Kevin J. Kiely, of Kiely & Ferrante, LLC, who highlights Massachusetts General Laws, Chapter 255, Section 35, which provides that a lienholder …
Read more “Massachusetts Law Provides Powerful Protection for Vehicle Lienholders/Lessors”