You bought a vehicle, but there's a lien on the title?  A lien? No, I don't have a lien I hear you saying. 

 

From my experience with titles, I often hear people say that they don't have a lien on their vehicle; but in reality a lien or multiple liens are present.  When some people think of a lien, they automatically think of a tax lien (on a home) or some sort of garnishment.  In the world of auto finance, a lien simply means that you are getting your vehicle financed, you are making payments on the vehicle and in essence you still owe a balance on your vehicle.  The following will provide you with some insight if A. you have a lien on your vehicle but shouldn't, B. You are a private seller of a vehicle and are accepting payment arrangements from the buyer of the vehicle

 

 

 

 

 

 

Check back for Liens on Vehicles & Titles: Part Two as Wisdom & Authority Titling Solutions gives you more lien advice regarding vehicles and titles.

 

 

While you are in the process of lining up insurance and financial matters for your new trucking company, don't neglect the compliance requirements

 of DOT,  DMV, Motor Carrier, and the like.  Ensuring that you are licensed, titled and registered correctly with the above government organizations will allow you to operate your truck or fleet of trucks properly. 

 

Failure to know what is required on the DOT, DMV, and Motor Carrier side of compliances can cost you and your company big time.  Don't copy your friend's "way" of going through the licensing and registration process; because each state or jurisdiction may require something different.  Accordingly, there are different classifications of motor carriers and trucking companies; which requires different courses of action. 

 

The following are major areas that will be at the heart of your titling, registration and licensing matters for your trucking company:

 

 

 

The process of starting and maintaining a trucking company isn't impossible; it just requires stamina.  Don't settle for assumptions, get real professional help for the licensing, titling and registration needs for your trucking company. Wisdom & Authority Titling Solutions is your motor carrier solutionist.  As a prior DMV and Motor Carrier Titling/Registration specialist, you are getting assistance from a professional; not a novice.  Whether you are under someone else's authority, or want to have your own authority, I can assist you with being in compliance.  Focus on securing deals for your company, while Wisdom & Authority Titling Solutions takes on your licensing, titling and registration responsibilities.  Don't get swept under the rug of jargon, and red tape; get accuracy and solutions today.