A New Mexico resident asks this question: “I financed a vehicle through HSBC Auto 3 years ago. At that time I was employed and making decent money. I kept my payments current for 30 months and then I was laid off from work. My payments fell behind and of course HSBC began to threaten reposession.
In the meantime I discovered that no lein was ever recorded on the title which I have in my possession due to a mixup by the dealer which sold me the vehicle. Now HSBC wants me to sign a power of attorney authorizing them to place a lein on the vehicle. What should I do ?”