no
To obtain a lien release from a bank, you typically need to pay off the loan or debt that the lien is attached to. Once the debt is cleared, the bank will issue a lien release document confirming that the lien has been lifted. You can request this document directly from the bank or financial institution that placed the lien.
I need the answer to the above question.
I need the answer to the above question.
call your bank they will tell you and have them send you a release
bank of america lien release phone number
When a bank has failed and you need a lien release, then the FDIC will be the ones to handle it for you. See the link below. It provides you with all the information you need. At the bottom of the page, choose the listing that applies to your situation.
how?
yes
There are a few red flags to watch out for to determine if a bank lien is a scam. Be cautious if you receive unsolicited calls or emails claiming that you need to pay a fee to release a bank lien. Legitimate liens are typically initiated by a legal process, and the bank will usually contact you directly through official channels. Always verify the information independently with your bank before taking any action to avoid falling victim to a scam.
A lien against bank owned property would not be effective unless the lien was against the bank. If you have a lien against the former owner your opportunity to try to enforce it has passed.
The only way to get the title released is to pay off the lien. Most bank and finance companies will not release the lien until the loan is paid in full. if you are a good customer and have paid the lien as planned, they may release it if the balance is real low, but you still have to pay the loan.
You can only "protect yourself" by making sure the loan is paid off and getting a release from the bank BEFORE you take title. Check with your state DMV to learn the procedure for removing a bank lien from the title.