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1512 Technology Drive Ste 101, Chesapeake, VA 23320

Wisdom & Authority Title Solutions

Blog

MECHANIC/STORAGE LIEN ADVICE FOR TOW COMPANIES

Posted on February 17, 2011 at 10:53 PM
Tow companies, many of you are finding yourselves with more vehicles accumulating on your lot than you can handle; due to the financial hardships that prevent your customers from paying their bills.  As a tow company, one of your major goals is to collect payment from customers as soon as possible.  Unfortunately this isn't always easy.  Here are a few tidbits that you want to adhere to, so you can obtain a title if you are having a hard time collecting payment from customers:
 
  •  Keep accurate tow and storage receipts, starting from the date that you actually towed the vehicle.  Avoid falsifying dates or making assumptions.
  • Each state or jurisdiction have "waiting" or "notification" limits that must be complied with-when a mechanic/storage lien applies.  MAKE SURE YOU ARE IN COMPLIANCE
  • Keep your documents organized
  • Contact a mechanic/storage lien expert with strong DMV comprehension to take care of the process for you.
 
Staying in the know about mechanic/storage liens and getting a professional to assist you will enable you to dispose/sell or acquire the vehicles more quickly, get payment more quickly and in essence be a step ahead of your competitors.
 
 
Wisdom & Authority Titling Solutions has a solution for your Mechanic/Storage lien situation.
 

    Categories: MECHANIC & STORAGE LIEN

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