How to Beat a Ruthless Lien Holder

Of course, everyone intends to pay their bills and do so on time. But sometimes financial hardship gets in the way. What do you do when you need just a little more time to pay your bills and a lien holder is pressing down on you? You need your car. Desperate times call for desperate measures. Here are a handful of options available to you.

Instructions

1

Contact your lender. Although they are not obligated to do so, the lender may agree to delayed or reduced payments for a short period of time to avoid the expense and difficulty of repossession.

2

Trading the car back for a less expensive option can be a solution to your problems. If you are lucky, you can discharge your debt or at least mitigate it considerably, while not losing transportation.

3

Park the car in an enclosed structure, like a garage, at all times. This is a less ethical option, but the lien holder cannot enter an enclosed structure to repossess the car, so if you can keep it in an enclosed spot, you can buy yourself a little more time to pay what you owe.