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Thread: Need info for buying ATV with lien

  1. #1
    Web Wheeler
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    11 Jun 2008
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    Need info for buying ATV with lien

    Looking at buying a quad that currently has a lien against it. Owner financed it and then declared bankruptcy, debt was discharged but lienholder never claimed the bike. HSBC was the bank and owner says its no longer in business. Can i register this with just a bill of sale? He says I can get title through a lien sale but dont know what to do there? Any advice or experience is appreciated.
    If you can't dazzle 'em with knowledge, baffle 'em with bull****.

  2. #2
    Wheeler
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    14 Nov 2015
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    David
    Keep shopping

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    Snuffy (1 Week Ago)

  4. #3
    I support Reno4x4!
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    Glen
    You may be able to get assistance from the FDIC.

  5. #4
    Web Wheeler
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    25 Jan 2010
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    Max
    Don’t register it?

    Good luck!

  6. #5
    Web Wheeler
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    30 Jan 2009
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    Scott
    Hsbc is still in business. Maybe where he got the loan isn’t but eh don’t just give up on that.

    If he says you can do a lien sale I’d tell him to do it and get you a title. There is a reason it doesn’t have the title and the biggest is he probably doesn’t own it. Keep shopping unless you’re willing to risk your money on it and never be able to get a title.
    Quote Originally Posted by bdevr View Post
    Wow, this thread is like a ping pong match with 8 players on an octagonal table. Pointless and dizzying...

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