LAist9d
DMV keeps towing profit
It’s known as a lien sale. Owners have up to three years to claim the lien sale profits after the state receives the money, and after that the law says the DMV keeps it. Most lien sales end in a ...
LAist9d
Towing companies can sell your car — and the DMV gets to keep the profit without telling you
The sale allowed the company to recoup its costs for the tow, storage and lien sale, $11,332. But there was plenty left over: $99,668, which went to the California Department of Motor Vehicles.
The Evolution Of Second-Lien Financing In The Private Credit Market
Transforming Market Dynamics And The Rise Of Complexity. Second-lien financing has long stood as a flexible tool for ...
Bluebonnet News2d
Notice of Public Sale to highest bidder:
Notice of Public Sale of property to satisfy a landlord’s lien. Sale to be held at Hart RV & Boat Storage 8163 Fostoria Road, Cleveland, Texas 77328. Bidding will begin […] ...
Orange County Register8d
California’s DMV makes millions from auctioning off towed cars, and doesn’t tell the owners
The sale allowed the company to recoup its costs for the tow, storage and lien sale, $11,332. But there was plenty left over: $99,668, which went to the California Department of Motor Vehicles.
Mercury News8d
California Politics
The sale allowed the company to recoup its costs for the tow, storage and lien sale, $11,332. But there was plenty left over: $99,668, which went to the California Department of Motor Vehicles.
Whittier Daily News8d
California’s DMV makes millions from auctioning off towed cars, and doesn’t tell the owners
The sale allowed the company to recoup its costs for the tow, storage and lien sale, $11,332. But there was plenty left over: $99,668, which went to the California Department of Motor Vehicles. The ...