answersLogoWhite

0

Unfortunately for one that needs a lien release from a company no longer in business one will have to obtain a lawyer. The liens from the original holder usually become assets to the companies they owed.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Can a lien holder take a full settlement if there are other lien holders?

Yes--as to that lienholder's lien only.


Can a vehicle that is without a lienholder be repossessed by a company before a lien is filed?

No


How do you sell a motorcycle with a lien?

You will need to pay off the lien first, or arrange with the lienholder to be able to make a sale.


Can you sell off acreage if it is on a lien I own 40 acres the house is on 20 acres and the other 20 acres is plotted ready to sell can I sell off the 20 acres?

The property is subject to a lien. The question isn't whether you can sell it. The problem is that the buyer won't buy the property as long as there's a lien on it. Your attorney will need to negotiate a partial release or a full release with the lienholder if you will pay off the lien, or half of the lien, out of the proceeds from the sale of the 20 acres. If you don't pay the lien in full and the lienholder agrees to a partial payment then the lien will still be an encumbrance on your remaining property.


How can you get a copy of a vehicle title that shows the lien holder has been paid therefore the lien has been released?

You request it from the DMV of the state you have it registered in. If they haven't received notification from the lienholder, then you need to contact the lienholder and have them rectify this.


What is a blanket lien?

A blanket lien is a lien which gives the lienholder the entitlement to take possession of any or all of the lienee's real property to cover a delinquent loan.


Can you legally repossess your car with a lien on the title?

That is the only way you can repossess a vehicle. Repossession comes under the UCC which grants a lienholder the right to repossess but only if they have perfected their lien by filing it on the title. One caveate is in most states the lienholder can not repossess a vehicle that is under a mechanic's lien without first paying that lien.


Do you have to carry full coverage on a rebuilt title with a lien on it?

Your lienholder will almost certainly require it.


Can a dealership repossess your car if they are not the lien holder?

No. The lienholder is the only entity with a right to repossess.


Can you take a vehicle out of the US to another country with a lien on the vehicle?

Only if you have written permission from the lienholder.


Is there a time limit in which a car can be repossessed?

As long as there is a lien on the vehicle the lienholder has the right to repossess the property


Find lien on lost title of vehicle?

If the vehicle has a lien, the title shouldn't be lost, the lienholder should have it. Once the vehicle is paid in full, they will mail you the title.