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Does this vehicle have a Lien on it?
Does this vehicle have a Lien on it?
Can you take a vehicle out of the US to another country with a lien on the vehicle?
Only if you have written permission from the lienholder.
Can a lien holder report a vehicle stolen?
not really sure on this one but in order for the lien holder to have the vehicle in his/her posssision it had to be repossesed... and then it was stolen while it was in their possession then i would say yes.. but other wise cant really see a reason why the owner would not be the person that reports it to be stolen..... if in fact the car owner is deleinquent in payment and the car is reported stolen and the car owner goes to jail that is false imprisonment and you can sue..
Can I get the lien off of a vehicle that is no good and put it on another vehicle that is in my name?
If I have a car in my name with a lien on it and the car Is only god for scrap metal can I put the loan lien on my wifes car if she transfers the car to me.
How do you receive a vehicle title that still has a lien?
You can't. If a vehicle has a lien on it the lien holder is the owner of record of the vehicle.
What does a lien on a car title mean?
The lien holder (PERSON OR FINANCE COMPANY THAT HAS AN INVESTMENT INTEREST IN VEHICLE) must be paid off prior to you selling vehicle to another party.
Can the value of a mechanic's lien be sold to collect the balance due?
The lien has no value, only the car. The mechanics lien allows the shop to keep possession of a vehicle until the bill is payed in full. If the bill isn't payed, the mechanic can call the police to do a vin check on the vehicle. If the vehicle isn't reported stolen, they can have a title made out that transfers the full ownership to them. They can then sell the vehicle to recoup their losses.
How much can a vehicle be sold for once a lien has been secured?
If you have a lien on your vehicle, you can sell it for any amount. The vehicle is still subject to the lien which means that the purchaser can lose the vehicle if the lien holder collects on it.
How to do a motorcycle lien search free?
your local DMV or vehicle licensing office can tell you if the VIN has a lien on it or reported stolen for FREE. You may want to check the VIN with them before you hand over any cash.
What happens when you file a lien release on car if others have a lien against you?
Your question makes no sense. There is no lien on you but only on your vehicle. You do not file a lien release unless you have a "release of lien" issued by the financial institution which you borrowed money from against that vehicle. If there is a second lien "mechanics lien, tax lien, etc." that lien now becomes primary. Another person cannot take possession and or register the vehicle in their name until any and all liens have been satisfied. 19 years experience in the car biz.
Purchasing a vehicle privatley with a lien?
If you accept a vehicle title that has a lien placed on it you become responsible for settling that lien
Who owns the vehicle you or the lien holder?
Well, you own the vehicle subject to the lien. You cannot sell or refinance the vehicle until the lien holder is paid. If you don't pay the lien, the lien holder can repossess the vehicle. So you own it subject to your paying the loan.
