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An auto lien means that another person has a claim to the auto too. It is not owned outright.
Auto liens are usually entered into when an auto purchase is financed through a bank or other creditor. These are mutual agreements made during the sale and the lien is entered in the county recorder's office for the record. If you wanted to sell the auto before fulfilling your loan agreement and having the lien discharged, then the 1st lien holder (usually the bank) has specific rights to any proceeds from the sale before anyone else, including yourself.
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What is the lien holder address for bank of america auto loans?
what is the address for bank of america auto lender lien holder
Can you File Mechanics Lien for unpaid auto repairs in PA?
No, you need to file a repairmans lien.
How do you put a lien on an auto in the province of BC?
I need to know how to put a lien on a vehicle in the province of BC
Can an auto insurance company file a lien against your home for auto damages?
Yes--but only if they have a court judgment against you. In that case, they would have what is called a judgment lien.
How do you file a lien for unpaid auto repairs in Maryland?
you cant file for a lien... you would have to sue the person and the judge will place the lien if he/she see fit to do so ...
Capital one auto finance lien holder address?
The Capital One auto finance lien holder address is:PO Box 255605 Sacramento, CA 95865
Does an auto repair shop lien for unpaid repairs have priority over the bank who has secured interest and title?
No. The bank has a prior lien. The mechanic's lien takes second place.
When an auto is sold in a lien sale does the claimant have rights to anything more than the auto?
No. Once a lien has been enacted as a forced sale the person loses rights to the vehicle. Redemption options do not apply to vehicles.
Where do you get lien release quantum auto group?
How can i get lien release from Quantum Auto Group? Since the company is bankrupt .
Can a lien be put on your home if auto repossessed?
In most states the answer is no, they cannot put a lien on your home. They can however garnishee your wages. what is the law in tn
In the state of Colorado can an auto repair shop gain title to a car if owed money for repairs?
they can put a lien on your title,its called a mechanics lien
How do you put a lien on an auto that you have a financial interest in but your name is not on title and it is going up for sale soon?
You will have to get a new title showing yourself as lien holder
