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How do you put a lien on a car in Ontario?
A lien can be placed on a vehicle in Ontario by a mechanic or an automobile repair shop. This lien is often placed on the vehicle when there is a repair bill due and it has not been paid. The lien will be lifted when the bill has been paid in full.
Is there a lien against a car that I am going to buy?
If you are buying a car on payments then there will be a lien on the car. the company will release the lien once the car is paid off.
What kind of lien can be placed on car that is paid off?
If you get body or mechanical work done on the vehicle and do not pay the shop can put a lien on the vehicle until the balance is paid. If it gets to that point it is often with interest and court costs as well. Think of it to be the same as a roofer putting a lien on your house if his bill is not paid in full.
Can you put a lien on a car if there is no lienholder on the title?
If the car is put up as collateral for a loan, and that loan is not repaid according to the written agreement then a lien will be placed on the title. If you sell the vehicle the lien holder will be paid first before you are able to put any money into your pocket. Never use your car as collateral for any loans ... cars lose their values and soon enough the lien (loan) will be more than the car is worth. The lien still has to be paid off when it's sold, even if the lien amount exceeds the price the car is sold for.
If my balance is paid can my car be reposessed?
no if it is paid it is yours unless, there is a lien on it
What happens to a car after towed and the owner just leaves it and does not pay the bill?
a lien is placed oon the car and it can't be sold until the bill is paid- or it is sent to action if no one clams the car
What if someone has sold you a car with a lien?
I think you may have meant "lien" instead of "lean". A lien is a monetary (money) debt placed against a possession by a creditor who has not been paid by other means. If an owner sells his cat on which a lien has previously been placed, the lien belongs to the person (i.e. the other person who owned the possession before); a lien does not "follow" the car or other possession, it follows the person who owes the debt. If a seller sold you a car with a lien against it, you need to contact an attorney to get the lien removed from your-now-owned car. You or your attorney needs to notify the creditor/lien holder that you bought the car without knowledge of the lien. The creditor would then need to identify a different possession owned by the other person in order to attach the lien to that possession, and not to your car.
Can a judgment lien be placed on a property mortgaged by USDA-Rd?
A lien can be placed on any property, regardless of who holds the mortgage. In most cases the mortgage holder will be paid before a secondary lien holder.
Can you file a lien on own car to prevent another from filing a lien on your car?
You cannot file a lien on your own car to prevent another from filing a lien on your car. If you owe someone money they may be able to put a lien on your car so that they are paid in full.
Can a creditor's lien be placed on property paid for with VA compensation benefits?
Yes.
What is the statue of limitations on a car lien?
The lien is no longer applied to the vehicle when the loan is paid off. You can then get a lien release from the lender. As long as the loan has not been paid off the vehicle still has a lien on it.
Who has a lien on your car?
If you took out a loan from the bank to buy your car, they have a lien on it. For all intents and purposes, they own the car until you have it paid off.
