You have two recourses (choices):
If you fail to do the second half of either choice, the choice may be taken from you and you will pay the loan regardless.
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.
the bank has tofile papers with dmv to see if it was done wrong and if so the dmv will void the original title and issue the bank another title with there name as lien holder then sell the car
go to the bank or wher ever you got your loan have them sign off the title then go to the bmv and submit the title and it should come back with out the lien holder and cosigner on it
because govt has 51% stack holder of these bank so that why.
A lien holder is someone who has a financial interest in a car. It could be the bank you financed it from, or someone else who the car owner owes money to. The car owner's name is on the title with the lien holder's name so that you can't sell the car without the lien holder signing the title...this means that you don't owe the lien holder any money on the car. The car is now 100% owned by the title owner.
Who is the largest stock holder in Bank of America????
Depends on how much they owe on the bike and if the price of the bike includes pay off to their bank and you get the title. If there is a lean holder on the bike and after you buy it you don't get a title then no I would not buy the bike.
Disclose to purchaser that the title is "attached" (held by lean holder). The bike would need to be paid off with the proceeds from the sale. Harley-Davidson (Eaglemark Savings Bank) would release the title to you or they can forward to new lean holder if buyer is having bike financed.
where payment cannot made directly to the supplier cheque are deposite in special bank account known as no line account
its a type of bank account where the name of the account holder is kept secret.
From experience (as far as I know), if you are a joint holder of the frozen bank account, yes, they can garnish, but check your state statues because you may be exempt from garnishment.
The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.