View Full Version : Transfering Title on a car with a lien
Jbrock23
Jul 11th, 2012, 09:28 PM
I Recieved a job offer out of the province, but instead of going throught the hassle of selling my car, is it possible to transfer the title of the car to my fathers name, while keeping the lien on in my name and continue to make payments.
mikeymike1
Jul 11th, 2012, 09:34 PM
I Recieved a job offer out of the province, but instead of going throught the hassle of selling my car, is it possible to transfer the title of the car to my fathers name, while keeping the lien on in my name and continue to make payments.
No, thats considered fraud.
To facilitate such you must own the property. Due to the fact that there's still an existing PPSA registered lien on the property the property is legally owned by the financier.
jim321901
Jul 12th, 2012, 01:09 PM
Or you could just call your finance company and find out the logistics behind it...