My Dad told me

To include a phrase in the receipt that the item has been sold "without lien", so if there is any comeback on the sale you have some sort of right. But what, I'm not sure.

I've not GIYLF'd so no idea if this is true or not - just remember the phrase.

Posted By: KentonCanary on April 17th 2011 at 15:42:57

Message Thread

Buying something from second-hand that has a loan on it (NCFC) - Larry Hagman, Apr 17, 13:43:20
- GOBB is right, the finance company own whatever it is until final payment.... (NCFC) - HairyBobbingManAss, Apr 17, 13:50:37
  - That's frightning (NCFC) - Larry Hagman, Apr 17, 13:59:18
    - My Dad told me (NCFC) - KentonCanary, Apr 17, 15:42:57
    - If it is just a personal unsecured cash loan there is no way goods could be seized (NCFC) - Yellalee, Apr 17, 14:18:12
      - The seller told me... (NCFC) - Larry Hagman, Apr 17, 14:50:18
        
        Don't do it (n/m) (NCFC) - maddog, Apr 17, 15:29:53
        
        Ah. Buyer very much beware... (n/m) (NCFC) - Yellalee, Apr 17, 14:55:00
        
        OK, I think I will give it a miss then (n/m) (NCFC) - Larry Hagman, Apr 17, 15:36:18
    - that's obviously much more difficult to track (NCFC) - HairyBobbingManAss, Apr 17, 14:11:54
      - Everything has a serial number (n/m) (NCFC) - BerlinCanary, Apr 17, 14:13:00
        
        I've just sold 8 garden benches. No serial number on those fuckers. (NCFC) - tudders, Apr 17, 15:59:01
      - actually, I'm full of shit (NCFC) - HairyBobbingManAss, Apr 17, 14:12:48
- Depends on the terms of the loan, but most finance companies won't let them sell... (NCFC) - Arganth, Apr 17, 13:50:08
- possibly (NCFC) - ghostof barry butler, Apr 17, 13:47:50
  - Further (NCFC) - ghostof barry butler, Apr 17, 13:50:53

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