No. If processed correctly the check will be made out to you and the lien holder.
No. If processed correctly the check will be made out to you and the lien holder.
No. If processed correctly the check will be made out to you and the lien holder.
No. If processed correctly the check will be made out to you and the lien holder.
No. If processed correctly the check will be made out to you and the lien holder.
The mortgage holder's lien which is considered a secured, priority claim.
No a lien holder can not file a claim against the insurance company as they are not the named insured, you are. Although if there is a lien on the vehicle the insurance payment for damages to your vehicle will be in your name and the lien holder name. They then might require that you fix the vehicle so they can protect their interest in the vehicle. each lien holder is different. CORRECTION: If the lien holder is named on the policy and the vehicle has been repossessed, the lienholder has a right to recovery under that policy.
Generally to remove a lien, you have to pay the amount of the lien to the lien holder. Even if it is abandoned, the lien holder still has a financial claim against it that must be satisfied before the title is clear. The only other possibility is to show a court that the lien is not legitimate.
To find the lien holder of a vehicle, the registered owner of the vehicle will have to apply for a duplicate title. The VIN will be necessary to obtain the duplicate title. The lien holder will be listed on the duplicate title.
They can still enforce the lien. They may have to file a claim against the estate.
Not normally ... there must be some reason for this action on the part of the lien holder. If just one payment is missed, or just one day late, the lien holder could claim 'breach of contract' and demand return of the vehicle. I would be asking a high ranking official of this lien holder this very question ...
An assignee of a lien is the new lien holder.
No, the first lien hold cannot claim or collect any monies from the 2nd lien holder. The lien holders sole recourse is with the borrower.
I'd suggest paying him off and then have him sign a quit claim.
An insurance company generally does not pay the lien holder directly. The vehicle owner is responsible for paying for insurance coverage and will often deal with the insurance company themselves after a collision has taken place.
The name of the lien holder should be written on the certificate of title. You can also check the status of the title by visiting your state department of motor vehicles website. You can also visit the local office and ask the clerk to run a check for you.
The lien holder would. A lien holder has a financial interest in the property