James K. asked

⚖️  Law

I made a loan to someone who gave me their vehicle title as collateral. They are not making their payments or responding to requests for payments. I am shown/recorded on the title as the 1st lien holder and have the title in my possession. How do I seize the vehicle and sell it to pay off the loan? The state is NC.

July 23rd, 2023

Michael B. answered

As the lien holder, you have the right to repossess the vehicle, but you must do so without breachin...

July 23rd, 2023

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