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In some situations, yes. If a shop has a mechanic's lien on your vehicle for nonpayment of services, and the lender is notified that sale is immanent but makes not effort to stop it, the vehicle may legally be sold.

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Q: Can a tow company sell your car with an auto lien if bank still owns it?
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What is the lien holder address for bank of america auto loans?

what is the address for bank of america auto lender lien holder


Does an auto repair shop lien for unpaid repairs have priority over the bank who has secured interest and title?

No. The bank has a prior lien. The mechanic's lien takes second place.


Can the bank put a lien on your home for the balance after the repossessed auto is sold at auction?

YES, after they get a judgment for the amount still owing on the contract. That amount can be applied as a lien against other property you own.


What is an auto lien?

An auto lien means that another person has a claim to the auto too. It is not owned outright. Auto liens are usually entered into when an auto purchase is financed through a bank or other creditor. These are mutual agreements made during the sale and the lien is entered in the county recorder's office for the record. If you wanted to sell the auto before fulfilling your loan agreement and having the lien discharged, then the 1st lien holder (usually the bank) has specific rights to any proceeds from the sale before anyone else, including yourself.


What to do before a lien can be filed on a company's bank account?

You must go to court and, citing legal grounds, file a motion requesting a lien. After presenting your argument for a lien if the court agrees that you have a legal cause, it will then issue a lien order which you may serve on the company's bank.


Can an auto insurance company file a lien against your home for auto damages?

Yes--but only if they have a court judgment against you. In that case, they would have what is called a judgment lien.


You just received a car that has a lien on the my title; what does that mean?

It means that someone has borrowed money from a Bank or lending company and used the car as colatoral. Be carefull, if you purchased this car, and that lien is still against it, the lending company can come after you for the money or take the car from you.


Can a bank holding an auto loan place a lien on your house in Illinois?

If ya used it as collateral.


Lien release from the dime savings bank of new york for a paid auto loan?

yes


How do you obtain a lien release from the Dime Savings Bank of New York for a paid auto loan?

how?


What do you do if your auto finance company sends you your title after a refinance with a release of lien signature?

Well it's obvious that you still owe them money and the "Lien" was released by mistake. The honest thing to do would be to call them and inform them so they can file for a new title.


Can you request a check for damages from the insurance company of the driver who caused the accident and not get your car repaired after an auto accident?

It depends on if you have a lien placed on your vehicle (by you lender. If you own the car free and clear, you can take the insurance money and not repair the car, but if there is a lien on your vehicle more often than not the insurance company will make the check out to you and your bank.