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Liens

The right of a creditor to sell collateral property when a debtor defaults on their loan

2,139 Questions

Find out if motorcycle is stolen?

You can contact the How_do_you_find_out_if_the_car_you_bought_is_stolen_for_freedepartment of the country to now about the vehicle's past....

I am an Indian and if you are in India, you can just submit a form in the Motor Vehicles Department with the Registration Number of the vehicle (you want to know about) and a small registration fee, to know about the vehicle's entire past.

What can you do if you bought a car at auction and got a title from the DMV with no liens then 2 months later a bank says they havea lien?

well if you have a clean title with no lien on it, then i say sell the car with that title there should be no problem what so ever. i need to know what happens if i sell a car with a lien on the title (auction car) but the lien does not pertain to me, can the car be successfully transferred to another person ? or what do i have to do to remove this lien ? email me - djhackstyle@hotmail.com

What does lienholder mean?

A lien holder is the finance company, bank, or individual with whom you signed an agreement to borrow money using a particular asset, such as a car or real property, as collateral. You cannot sell that asset until the loan is paid. If you don't pay the loan, the lien holder can take possession of the property.

For example:

  • You signed a contract with a finance company when you purchased your car. The finance company is the lien holder. If you default on your payments the company will take the car.
  • If you signed a mortgage for your home and default on the mortgage, the lender is the lien holder and can take possession of your home by foreclosure.

Can you put a lien on a car if you have the title?

That would be counterproductive if the title you hold is in your name. If you are holding the title for someone else, a lien would only make a difference when they sell the car--and it has to meet certain criteria.

Answer

No. You cannot place a lien on your own property legally since there is no separation of title. A lien gives the lien holder a legal interest in the property of another. If you are holding property in your name for someone else, the title is in your name and you cannot place a lien against it.

Parallel line segments are 2 line segments that are parallel. They never touch and they do not go on forever. Parallel lines do go on forever because lines go on forever. I think I'm right. Am I?

Yes, you are right. A line segment eventually ends. In fact, a segment has two endpoints. But parallel lines go on forever; they have no endpoints.

Example: <--------------------------->

<---------------------------> (arrows indicating they go on forever)

_______

______________ (these are parallel line segments)

What does no lien on truck title means?

It would mean EXACTLY what it says; there is "NO LIEN", the named owner on the title owns the vehicle free and clear and can do with it as he or she pleases.

Step by step instructions on how to file contempt of a court order without a lawyers help?

I spoke with the father last Friday because I called all day and night Thursday and no one answered they finally called Friday and I figured that there vacation was going to start like the schools here come to figure out that there vacation was already going to end on Monday the day after Easter Sunday and I asked him well then why didnt you send the kids to come visit me for spring vacation and he said in his exact words "Well I know its court orders, I mean I know it says that on the court order but I really dont remember her actually saying it in Mediation." I said well yeah she did and its court order and he said yeah well I figured you know it was only a week off that they had for spring vacation and I said a week is still a whole week with my kids that I would have loved spending with them you know I do miss them and they have been wanting to come as well besides who are you to say or decide to not let my kids come. there are a lot of little things about this whole thing that just doesnt make sense to me and I wanted to look into it some more because his sister also works for the county and I believe she may have been involved in retrieving personal info from her computer at work and she even appeared to the first court date. and at the mediation the mediator said that she was going to award custody over to the father not only that but she messed up on the court order as well and I called her and told her and said that she needed to fix it she called me back and left a mssg. saying that i needed to gert a 880 form and write the number that needed to be corrected and how it should be corrected and that she would amend it well I thought that we are not allowed to call the mediator after the court hearing because they can not help us Suggest matters nor inforce or change court orders so why is she asking me to mail this paper directly to her and that she would amend it.

What will a buyer pay for an impounded vehicle worth 3000?

value is what a seller is willing to take for a vehicle and what a buyer is willing to pay for it. at that point what is worth NADA,Blue Book,Black Book are only guides impound doesnt hurt the value.salvage title or damage will.

How much money do you get for a car lien?

Answer lien on car?i let someone borrow 1100.00. he doesn't own a home. and he has a cr with a loan on it. can i put a lien on the car??

How do you contact NationsCredit Financial Services Corp?

I have a Klamath boat that I want to sell. However, I have lost the Ownership Certificate. I have sent a "Lien Satisfied/Title Holder Release" for Nations Credit Commercial Corporation to fill out -- sent on March 29, 2012. Can you please respond ASAP.

George Wright

725 Whispering Bay Lane

Suisun City, CA 94585

707-386-3808

email: judylynncp@aol.com

Can you register a car by mail?

You have several issues here. If you plan to drive the car in California it must be registered there, but your Military stautus exempts you from certain fees. If you plan to drive the car straight to Florida you may obtain a "One way Trip" permit from the DMV. On arrival in Florida you must register the vehicle there. DMV forms may be downloaded off the DMV website. You may be required to also submit copies of "Proof of Insurance" and Current Smog Certificates,Some States require a Weight Certificate (except Deisel motors) If you bought the car from a Dealer they can handle all these requirements. If you bought from a private Party you may be required to go to the DMV to obtain and pay for the oneway trip permit ($15). Another avenue is CSAA as they offer their Members DMV Registation services, but you may be required to go to there inpection station. Good luck

How do you obtain a new title for a motorcycle which was abandoned by the lien holder?

Most states have a "quick title" or otherwise known as abandoned vehicle title service through the vehicle registration department in your state. They should be able to advise you. Another way to find out is to call a salvage yard and see hoe they title abandoned vehicles. You can use a lean-sale company to initiate a lean on the bike in lieu of theoretical storage fees. When the bike defaults the lean it is issued a new title in the lien holder's name (you.) For expensive bikes it takes about 3 months. For less expensive bikes it takes about a month. The lien sale company charges about $75-$100. You can also initiate the lien yourself but the process is a little more difficult. The waiting period is to see if the actual owner of the property steps up and claims the bike, or contests the lien. They send notification to the address on the last title holder. If the bike has been out of the system for more than 5 years (California), registration information is dumped,k but they should still have the title holder on record. You still have to go through the lien sale process even if the bike is not registered with the state.

How to find lien holder?

contact your local courthouse & have them run a check for you. in Texas we have a form which they will give you & i think it cost a couple of dollars. but they will run it right their while you wait.

AnswerLook on the deed or title. Any lien holder will be listed.

Is a lender and lien holder the same how can I get vehilce from the second lien holder?

No. In the case of "brokered" loans especially the lien holder is the investor that holds the note. The lender is the broker that helped you secure your financing.

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.

What is Arkansas wage garnishment law?

Read this:

http://www.dol.gov/esa/whd/regs/compliance/whdfs30.pdf

We had our entire paycheck garnished this week and by FEDERAL LAW they should have only received 25% MAXIMUM!! Off to an attorney tomorrow... I need to save our house.

We are Arkansas residents and this scavenger attorney who debt collects broke Federal laws.

How do I put a lien on a documented boat?

Assuming it is a US documented vessel, you should call the USCG Vessel Documentation office at 1-800-799-8362 or their web site at

http://www.uscg.mil/hq/cg5/nvdc/

Can a lending company of a repossessed vehicle put a lien against a vehicle in another state?

Repossessionalthough it is unlikely they would know about it (unless they called her and she told them) the only way to be completely safe is keep it in your name. They can't lien other property of hers without a judgment and they would have to take her to court to get that. you could draw up a promisary note between you and her so that it is not an Asset to her - meaning she owes what the car is worth - preferably more than it's worth to you.

Capital one auto finance lien holder address?

The Capital One auto finance lien holder address is:PO Box 255605

Sacramento, CA 95865

Your vehicle has a lien can you borrow money?

A small loan company may use your title as collateral for the loan but the loan is relatively small. A bigger institution would not accept your vehicle as collateral because of the lien to another agency.

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