Presumably saying that if the loan is discharged that means there is no longer a lien on it. Putting one on it yourself (if that is possible?) might prevent creditors from using the courts to repossess it to get their money back. In reality the best it might do is to make them think it isn’t an asset they can come after you for if they don’t look close enough at the lien holder.
Presumably saying that if the loan is discharged that means there is no longer a lien on it. Putting one on it yourself (if that is possible?) might prevent creditors from using the courts to repossess it to get their money back. In reality the best it might do is to make them think it isn’t an asset they can come after you for if they don’t look close enough at the lien holder.
If there’s no lien on the car, nobody can repo it. “Go lien the car” isn’t even a thing, and fails to specify who the lien holder would be.