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What do you do if you lose the title to your car and it has a lien on it that you are default in?
Wiki User
∙ 11y ago
You didn't have the title to begin with. The loan company or bank does. So, you didn't loose it, but you may loose the car since it is in default . The loan company/bank owns the car, not you.
Wiki User
∙ 11y ago
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How do you put a lien on a car with no title in your possession?
If you are the rightful owner of the car, you could file for lost title. Otherwise, I'm not sure it would be legal. If you default on your loan, without a title the lien holder would have a difficult time collecting
Can a car be protected from creditors if it is in default and the title is transferred to someone else?
Your creditor most likely holds the car title and/or there is a lien on your title. So, you will be unable to transfer title without paying the lien. The easiest thing to do is to bring your payments up to date and then to sell the car if payments are too high for you to manage on a regular basis.
What is the limitation on a car with a lien on it before you can get the title?
If the car has a lien, you usually have to pay off the lien before you can get a clear title. Otherwise, in this state you have the name of the lien holder on the title.
What happens if i buy a car with a lien title from the owner?
A lien title means that the car has a loan against it. If you do not have a "clear" or non lien title, the lender who hold the clear title can and does have the right to get the balance of the loan from you. The purpose of the lien title is to enable the car buyer to get the legal requirement for driving the car from the state. It's like renting the car in essence; the lien title is almost like the lease agreement for an apartment.So if a lien title is all there is...don't buy the car. It's not his to sell.Somebody has to settle the lien before you can legally own or register the vehicle.
What does it mean if there's a lien on a car title?
A lien on a car title most typically means that money is still owed on the car. When a person takes out a loan on a car a lien is put on the title until the full repayment of the loan.
What to do when you sell a car with the title being in pawn?
If you sell a car with a lien on it, which is a title pawn. You must pay the lien off before the car is clear and you can get the title back.
Can you get a title to a car that has a lien on it?
Contact whoever has the lien and talk to them.
Can you put a lien on a Texas car bonded title?
Yes, you can put a lien on a bonded title.
Can a car be repossessed with title and no lien on it?
no
How can a person find out if there is a lien on a car?
If there is a lien it is normally listed on the Title.
How can you have the title but there is still a lien against the car?
Could be a mechanics lien.
What can you do if you bought a car at auction and got a title from the DMV with no liens then 2 months later a bank says they havea lien?
well if you have a clean title with no lien on it, then i say sell the car with that title there should be no problem what so ever. i need to know what happens if i sell a car with a lien on the title (auction car) but the lien does not pertain to me, can the car be successfully transferred to another person ? or what do i have to do to remove this lien ? email me - djhackstyle@hotmail.com
