The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.
What state is it titled in?
Yes, Tennessee is a title theory state. See www.title.grabois.com.
Title theory, bank will hold the title to property as long as their is a mortgage
Try to go to DMV find out who has lien on the car. Call the bank, they may negotiate
Bank conciliation is when a bank receives money
North Fork bank was bought by Capital One.
NO one bought Bank of America...Bank of America bought out LaSalle Bank in Chicago as well as in talks with Countrywide Financial
nothing you can do without a title in your name
A bank voucher is a bank receipt that a customers receives when they go to the bank.
You should make sure of the situation before signing on the dotted line--the title company should have provided a clear title (no judgments, liens and so on).
If the creditor wins a lawsuit and receives a judgment the judgment can possibly be used as a bank account levy. This would depend upon state laws relating to how the bank account is established.
It is illegal for a bank to hold onto a title for a vehicle once a typical deadline for funds to clear for payment of said title has cleared. Contact your local attorney general and state government banking institution that governs bank licensing and file a complaint. They should notify you in writing as to why you have yet to receive your title.