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Take the title to the office where you get your tag at, and take the buyer, and the lien holder and the'll help you.
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∙ 15y ago
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How can you add a name to a title and the bank is the lien holder?
A person cannot add a name to a title if the bank is the lien holder unless the bank agrees to the title name addition. A person could approach the bank and ask them to add the name to the title.
How can you lien holder reposses car if car was impounded due to buyer lost drivers license?
As the lien holder of the vehicle, they are contacted by the proper authorities that their asset (the said vehicle) is at an impound lot accuring fees. Because the lien holder is in essence the true owner of the vehicle until the loan is paid off & the lien is released, they have the right to reposses the vehicle from the impound. This is in the best interest of the lien holder because if fees add up, it may not be worth picking up in the end. What many debtors do not realize is that if they do not redeem the vehicle from the lien holder once it is picked up from impound, the vehicle is sold at auction to the higgest bidder & that is in turn applied towards the debtors deficiency balance.
Can a car borrower add his sister to the vehicle registration if she is not on the loan?
NO Because there is a lien on it.
How can you get a declaration page showing the lien holder for the insurance on my car?
Declaration pages are the first few pages of the policy outlining your coverages. If you have a copy of you policy, your lien holder should be listed there. If it is not listed, call your insurance company or agent and request that they should add it to your policy. You will get confirmation in the mail of this change shortly after.
How do you add a name to a vehicle's registration?
You need to visit your local DMV if you want to add or change a name to a vehicle's registration.
Can you add a person to a car title if there is a lien?
no the lien has to be removed first then you can add another person to the title.sorry.
Can you fix damages to your car that still has a bank lien on it yourself with the insurance claim money or must you take it to a shop for repairs?
i will assume you are the claimant and the draft is made payable to you not you and shop or lien holder...in that case you can do whatever you want, fix it don't fix it, have your buddy fix it, ...but understand should you have another loss, or total, and this damage is unrepaired or the vehicle is repo'd the amount of this unrepaired damage will be deducted, from the new repair (if in the same area) or from the value of the vehicle in a total...or in the repo example they will add this to what you owe....
Can a creditor repossess a car without a registered lien or validate title?
GEORGIA: Simple answer is YES. Does that mean legally? Not necessarily. I just came into this predicament 4 days ago. When I tried to file a stolen vehicle report, the 911 dispatcher told me the vehicle was repo'd and I needed to contact my lien holder. I DONT HAVE A LIEN HOLDER. PAID off Oct 2008; it's Feb 2009. The only thing Law Enforcement tells me is to "take it up with my lien holder" even after I show them the Title in MY name ONLY and ZERO lien holders. I showed them the certificate the lien holder sent me which was STAMP, SIGNED, DATED by the lien holder under RELEASE OF LIEN. A few other documents too but all I ever got from the Police Dept was "take it up with your lien holder." Anyways, the Lien Holder will NOT answer my phone calls or call me back. 3 days after starting my vacation coming home from Iraq and my vehicle is repo'd. From Oct 2008 until now Feb 2009, NEVER was any sort of notice sent to my house. My credit report even says PAID SATISFACTORILY Oct 2008. Since NO ONE is willing to help me at the lowest level, I have been forced to take this to an attorney. We shall see how this goes. This could have all been resolved the morning they repo'd my car. One more thing, the Police Dept states this is a CIVIL matter not a CRIMINAL matter. That is why they will not get involved and that is why they just say "take it up with your lien holder." So I asked the Officer, "So if you sir paid off your car today. 5 years down the road, the lien holder who released the vehicle to you 5 years ago and has had no affiliation with you for the past 5 years, can just "repossession" YOUR vehicle which has belonged to them for 5 years? How is that NOT a criminal matter?" The officer just kind of looked at me. Did you apply for the title yourself? If so, the DMV would have told you when you applied that there was a lien. 96% chance your title is good. If you're still in doubt, go to the DMV and asl them to check it. Sounds like the guy that gave it to you might be wanting it back for whatever reason. You're NOT gonna like my answer. You know if you've paid for the car or not. If you have not paid the dealer for the car, GO BACK and straighten it out. DO whats right. Do you need an attorney?? You would need two attorneys if I was the dealer... make the right decision. My father sold a car to this man one time and the man said that he needed the tile for something so he signed the title over with money still owed on the car. The man refused to pay the money he owed, my dad hired a lawyer and took the man to court, the judge dismissed the case and said that there was nothing that could be done because the tile was in taht man's name and their was no lien on it. The judge said that it was jsut my fathers word against his on whether or not money was paid. If a title is in your possession and it has NO liens on it, then the car is lawfully yours. you can go to the DMV and have it transferred to your name. it's not your fault the dealer gave you a title without protecting themselves by indicating that there was a lien on the car. all you have to do is take the title and the applicable fees to the DMV and have it switched over to your name. A judge cannot determine one way or the other if the car was paid for in full...the company could be lying about the payments received, and so could you. looks like you got yourself a car. Obviously one of the more thought provoking Qs: If the title your addressing is in your name, without any liens, then no --- nobody can reposses it. If it is someone elses name and they have only given you possession, (which is what happens in contracts for sale, which is what "we tote your note" place use), then they can repossess it. And let me add....as an asset, if another creditor has been given the right to seize your assets, they too could take it. And especially if it doesn't have any other liens, may actually do so. (This would not actually be a repossession as much as a seizure...like if they seized your bank account).
How do you add additional owners name on car title IL?
Form VSD-190 is required with appropriate fees, most likely $95.00, checking off "corrected title" on the form, will have to surrender the title and make sure you have all information available to insert on the VSD-190 application. A name addition or beneficiary cannot be added on if there is a lien holder.
If you have the title to your car can someone put a lien on it?
Yes, if you left it for repairs in a shop and did not pay for repairs, they can put a mechanics lien on it, also if your car was towed and you did not take it out of storage they can put a storage lien on it. Sometimes even when you finance a car if they accidentally forget to add a lien and you receive the title, they can still add the lien with the contract or agreement they have signed by you.
Can the bank holding the lien on a car find out if you have only liability and can they repossess if they require full coverage?
Absolutely! The insurance company should be sending the lien holder a copy of your policy and if you are not providing full coverage they will either repossess the car or purchase Lender's Single Interest Insurance (very expensive policies) and add the premium to your loan.
Can a lien on one property be enforced on a different property?
That all depends on the type of lien. You will need to add more details.
