The Expert Podcast

So why does it seem like it's so hard to get a title for a vehicle Why is the DMV giving you the run around and making it seem like you're a criminal for trying to get a title Well, If you purchase a vehicle without a title or you bought a vehicle at a lien sale or at an auction, and you're having title problems. The reason that it seems so hard actually might not be as evil as it seems Remember when they're giving you a title for a vehicle with your name on it It's not so much that you're getting a title If that's somebody else's losing a title right? Because when a title is issued to you. That means that it's excluding all other owners as having claims to the vehicle So by awarding you a title, it's saying that it's your vehicle and it's nobody else's vehicle Why is that important?

Well here's an article from Texas where companies were accused of illegally selling cars, owned by service members These are military people, and this has less to do with. Military and service as it does with the titling process. By failing to obtain a court order before auctioning the vehicles, defendants prevented.service members. Whether a lien sale of a vehicle should have been delayed. Right So here's the thing. First of all court order title is definitely the way to go All of the other methods the bonded title the Vermont loophole prior on a contact, you can do all those but the best method to get. a title is a court order title And it says right here in the, in this article court order title is a very powerful method But here's the thing… There may be claims against the vehicle. That you may not be aware of Maybe you bought it with a bill of sale. Maybe you bought it from somebody on Craigslist, maybe the seller didn't give you a proper title. Before the DMV gives you a title They want to make sure that all other ownership is extinguished And here's the reason why. Because if it's not your title is in jeopardy All the people that bought these vehicles these 176 vehicles. Without a court order. They may get their titles revoked They may have paid good money to this towing company. And lose their car. Because they never get a title…

So it's incumbent upon you to do the harder work to get a title So you don't have to worry about your title getting snatched away or never getting a title at all. Going through the right process, we'll make sure that all other ownership claims are extinguished, any liens any prior owners any probate. Any civil actions. And if you do something like a bonded title, your title is at risk of being taken away. If you do other types of loopholes or other types of kind of backdoor ways of getting a title. you could get, revoked as a registered for the vehicle, doing the proper title paperwork to begin with might be a little bit harder but it's really even not that much harder. And you don't have to worry about your title or your vehicle being lost or seized. And this is not taken lightly. This was investigated by the us department of justice. Right. And that's as high as you can get That's not local police or state police That's a federal government DOJ Let's where the FBI is. And this person. her vehicle was towed and it was sold. Auctioned off for $6,200 and she still owed 13,000 on the loan…Would she still have to pay off and she didn't have a vehicle. And that…the buyer. Paid money and never got a title from this towing company allegedly…

The problem is that without going through the right process whether it's a mechanics lien or a court order or something else, the buyers at risk the sellers at risk and even the last owners at risk. By going through the right title process. In this case court order title. You. Eliminate the possibility that your money is going to be spent on a vehicle that you can never get a title for…that you. You don't use a loophole or some kind of. you know bonded title or something that might come back to haunt you later. And you don't have to worry about some prior owner coming and saying Hey that's my car here's my title. And I want it back. Right. bonded title is something people think about a lot but here's the thing about a bonded title. If you get a bond to title let's say on a $10,000 vehicle. You have to purchase a surety bond The bond might only cost you a hundred dollars It's not like it's a big deal. But if somebody comes forward later, And they say that was my car. It was transferred improperly, maybe a bad lien sale Maybe the mechanics lien or towing company didn't do the right paperwork. I want my car back. You have to come out of pocket. First of all the bonding comes. will pay them off The bonding company pays that claim but then they come after you and say you have to pay us back. It's not like insurance When they pay a claim you're off the hook. A surety bond is something where when they pay a claim, now they go back to the. The original. A bond holder. And you have to pay em back, right. So you can eliminate that by doing a court order title or a magistrate title or a civil lien to get it done right The first time and avoid problems like this where, you know 167 cars have. Have titles revoked. And be investigated by the us department of justice. And have potential legal liability down the road and maybe even lose your car.