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How do you lien a title for money owed?
While this varies by state, there's usually a place marked LIENHOLDER on either the front or back of the actual title document. By inserting your name (or company) on the 1st available LIENHOLDER line, this will be recorded on the new title once the purchaser registers and titles the vehicle.
Find a lienholder with a VIN?
Depending on the state the vehicle is registered in, most DMVs keep this information on file.
How does the lienholder after repossessing the vehicle go about getting the title when told 'We must have lost it'?
Dont worry about the leinholder getting a title. They can get one easy enough. Remember they do this hundreds of times each year. they know the procedures for getting lost titles,copies of titles,ect. Yup, they even know how to "lose" titles. Just like human beings, huh?
Are sight drafts which require presentation of the vehicle title by the lienholder to the liable insurance company before payment is made to lienholder for a total loss commonly used in the industry?
Yes, they are the only manner of payment allowed in many states for claims payments.
What is my liability as a lienholder on a motor vehicle?
The lienholder has no liability for any damage done by the buyers vehicle.
Can you pay the behind payments and keep your car?
TOTALLY up to the lienholder and the finance contract you signed. It depends on what state you live in. Some states have rights of possession laws that require you to pay the balance of the loan in full, while some states only require that you pay the past due amount in order to retrieve the vehicle.
Can a lienholder put a repo on your credit if the car has been totaled and instead of filing a claim you wish to keep the car and keep paying on it?
YES, IF you were in default and they repoed it. NO ins. coverage IS default. Do you HAVE the car NOW?
Can your car be repossessed from the towing lot that towes your wrecked vehicle?
If there's a lienholder on that vehicle, yes, that lienholder can repossess it.
What states do not require titles for ATV?
shut up vill
How do you contract to sell a car for which you are being paid for over time?
Basically, you are financing the vehicle, right? Put a lien on it. All you have to do is fill out a bill of sale and there will be a place for you to list a lienholder. Fill in your information there. There will also be a place for you to put lienholder information on the title, so make sure you fill that part in also. When the buyer takes that to the highway dept to register it, the hwy dept will keep that and give them a registration. After about 2-3 weeks, you should receive the title in the mail with you listed as the lienholder. After you are paid in full by the buyer, then you will sign off as lienholder and give them the title.
Does only federal officials have titles of nobility?
The Constitution of the United States specifically prohibits the granting of titles of nobility by the United States or any state.
Can a second lienholder of real property foreclose?
Yes. The second lienholder can foreclose. The new buyer is still responsible for any senior liens.
