Legal Question in Business Law in Georgia

I'm considering loaning an employee money for a down payment for a truck. I want to make sure I am paid back. Can I be second lienholder on the title even though it is owned by the finance company?


Asked on 8/20/16, 5:43 am

1 Answer from Attorneys

Scott Riddle Law Office of Scott B. Riddle, LLC

Loan only what you can afford to lose. A second lien would be virtually worthless.

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Answered on 8/20/16, 5:52 am


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