Holding on for Dear Life: Do You Really have a Possessory Lien?
In the tow business, it is common for companies to refuse to release vehicles until the full bill for towing and storage has been paid. Although this is rarely discussed, the legal basis behind a company’s refusal to release a vehicle centers on whether or not the tow company has a possessory lien. Stated another way, generally, it is unlawful to retain someone’s property without some legal basis.