The Occupational Safety and Health Administration has had a long and embattled existence. Even before OSHAâs creation, the idea of stricter federal regulations over workplace safety sparked considerable opposition from businesses.
In short, the lien holder is the person who owns control of the loan (and actually the vehicle) until you pay it off or it gets repo'd and sold. If the question is who is a lien holder with a financed auto then the answer is usually: the party who loaned the debtor the money, that is, the bank or lender. For example, if you financed a Hootieville ZX through Holeinwall Bank, then the good people at Holeinwall are the lien holders on your financed vehicle.
A lien is a legal claim on a property that allows the lienholder to take possession of the property if certain conditions aren't metâif the money for that property isn't paid, for instance.Houses and cars are types of property that often have liens placed against them.imilarly, lending companies file liens when someone finances a car purchase. The company actually owns the car until it's paid off, so they file a lien on it to ensure that the car owner pays off the balance. When the car is paid off, the lien is removed. Liens are also filed when someone can'tâor doesn'tâpay a debt.