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How do you sell a car that has a lost title and you have no proof that it is paid off because the bank that held the lien is out of business?
You file for a lost/duplicate title at your States motor vehicle department. The bank may have sent a lien release to them on payoff. If not and the title still shows a lien by the bank, you conatct the State Department of Banking who will tell you how to contact who is handling the old affairs of the bank (the bank may have closed for new business, but just like the closing of the bank would not have eliminated the debt, it and many other business dealing continue in full force, the business affairs were either taken over or sold to another one, or has a caretaker that is auhtorized to resolve issues like this). If the loan was paid off, the records still exist and that entity will provide the release of lien.
What else can I help you with?
How do i get the title from a bank that is no longer in business?
You can get one through your DMV. Contact them and they will tell you how, give you the forms. There will be a fee.
How do I get rid of this car when the bank won't release the title to the car I paid the bank and the bank said I owed the for insurance on the car.I paid insurance and was not aware of any other?
Find out from the bank the days that they provided insurance. Then call your insurance company and get copies of your declarations pages from that time faxed to your bank. Once your bank has proof that you were insured elsewhere they will forgive the debt for the insurance and release the title.
How can you cash in a savings certificate issued from a bank that is no longer in business?
If the bank is no longer in business because it was bought out/merged with another bank, then go to that other bank and see if they'll honor it (they should). If the bank is no longer in business because the bank is just no longer in business or you don't know what happened to it, then it's going to be trickier. I'd try contacting the FDIC to see if they can help.
How do you apply for a lost title?
Stop by any of the DMV location with registration, ID, and a bank statment (might not be needed) to show a proof of address, and pay a small fee and recive new title.
How does one go about setting up a business banking account with Bank of Scotland?
To set up a business bank account with Bank of Scotland, you will typically need to visit a branch or apply online. You will need to provide identification documents, proof of business registration, and information about your business activities. It's recommended you contact the bank or visit their website for specific requirements and to schedule an appointment.
Who holds the title on a financed auto?
It depends on the state. In many states, the bank or financial business that gives the loan holds the title. Where I live, the owner holds title and the title shows a lien held by the financing institution.
What can you do if you purchased a vehicle and paid it off the bank who financed you closed and you never received your title?
Go to clerk of courts title office ,they put the liens on titles ,take proof of payoff and they should be able to direct you.
Can you get a loan for a boat if you have already paid cash for it?
Yes. Go to a bank where you already do business and ask for a loan using your boat as collateral. If you have the boat title in your possession, the bank will need or require the title be kept by them until the note is paid in full.
How do you know if a used car is under finance?
Ask to see the title of the car... the seller must sign over the title to sell the car. The financing bank will hold the title until a loan is paid off, at which time the title transfers to the owner as proof the car is paid off.
How do I open US Bank account?
To open a US Bank account, you either need to be a Citizen of USA or someone who runs a business in USA or someone who earns an income in USA. If you do not fall under either of these 3 categories, then you will not be able to open a US bank account. To open a bank account, you need identity proof, address proof and Social Security Number.
How can one demonstrate proof of their bank account?
To demonstrate proof of a bank account, one can provide a bank statement or a letter from the bank confirming the account details and balance.
How long does it take to wire money from a bank to a title company?
The time it takes to wire money from a bank to a title company typically ranges from a few hours to one business day, depending on the banks involved and the timing of the transaction. If the wire transfer is initiated before the bank's cutoff time, it may be processed on the same day; otherwise, it could be completed the next business day. Additionally, factors such as the bank's processes and the title company's receiving capabilities can also influence the timeline. Always check with your bank for specific details regarding their wire transfer procedures.
