I am going through this now and boy was it a learning experience... here we go...
First track down the Lien holder or bank.. usually it on the back of the title. I did a lot of googling of the address in order to figure out who it was. The bank name wasnt listed just the initials HRSI. I later found it means hsbc retail servies inc. after hours of googling. If the bank is
still in business great.... if its not i will get into that later...
call the main customer service number and ask for the fax number and address of the title
division. Type up a letter requesting a lien release letter. must be dated have make year model and vin of the vehicle and sign it.. fax them the letter with a copy front and back of the title also a bill of sale if your not the person that originally bought and financed it.
it takes about 12 to 30 days.
If the bank is out of business check the FDIC web site.. They have info on what to do. you may need a lawyer to help you get a release from a bank that is no longer in business
File a forgery complaint with the police. reapply for a title , then get a lawyer to have the lien removed.
They should release the lien, get on them.
You will not be able to get the title in your name or get it registered. Tell the seller he needs to satisfy the lien before you will buy the motorcycle.
you will have to find out who has a lein on it have them fill out a fourm of lein satisfy. In most states a lien holder is recorded on the title and the lien holder will keep the title until the lien is paid off. After the lien holder is paid off, they will sign the title to release the lien and give/send the title to the owner. The title office can tell you who has a lien on the title.
Contact the finance company and get a lien release from them. With that lien release you can have them removed from the title. You cannot get the lien release unless you have paid the loan off in full.
how do you find out who has a lien on a motorcycle
no the lien has to be removed first then you can add another person to the title.sorry.
When you sell it, you have to fill out info on the title. There should be a place on the title if you want to include a lien - check and see. Then, take the title to the division of motor vehicles.
No. A vehicle cannot be sold without a clear title and the only way to obtain such a document is through the lien holder.
The motocycle is not yours. You must write to the lien holder and ask them if they have any ojection to you disposing of it.
First you have to have paid off the loan. After that you would normally receive the title by mail, but sometimes it is done electronically. I would call GE Capital and ask the for the titles department. Once you get there you can tell them you have paid the loan and for them to please send you the title. Once they verify you paid the loan and verified your identify you should receive the title. Next you need to go to the DMV and have the lien removed. They will walk you thru the process at the DMV. Now you should have your title and the lien removed. Keep it in a safe box or some place people can not access it. Hope this helped....
No, there can be no title transfer, sale or refinancing until the lien is paid.