Here are the steps you need to take when selling a car with a lien. 1. Check to see if there are liens on your vehicle If you’re making payments on a car loan, you most likely have a lien on your vehicle. In rare circumstances, a vehicle may have a lien on it that you weren...
The new title should have the new name of the legal owner along with the lienholder’s name and address. How to Change a Car Title When Donating a Vehicle When donating a vehicle, the owner must sign line 1a on the first page of the title certifying that “The signature(s) below ...
A lien is created when a person uses their land as a security interest or collateral to secure debt or a loan. For example, John owns a piece of land on the edge of town. When John’s car breaks down and he needs to buy a new one, instead of getting an auto loan, he offers ...
You may be able to get ajudgment lienagainst someone's property if you sue him for money he owes you and wins. State laws vary about how to get a judgment lien and what the lien attaches to; in some states, the lien is automatic, while in others, you have to take steps to file ...
We walk you through the steps a smart car buyer should take to remove intimidation from the process and end up with the best deal on the right used car.
If you need to break a lease on a car, it can be costly and difficult. Thankfully, there are other options. Transferring a lease is one option, you can buy your car outright or trade it in for a brand-new lease. In this post, we review the options if you want to break your lea...
Essential Facts and Statistics to Know 1. Creditors or other parties place a legal claim, known as a property lien, on a property as security for paying a debt or obligation. 2. Various parties, such as creditors, homeowners’ associations, or government agencies, can impose property liens. ...
How you get the title depends on the reason you don't have it in the first place. If you still owe money on the car, the easiest course of action is to pay off the remainder. However, you'll likely want to use the money you'll get from the buyer to pay off the bank. If you...
Buying a used car can be time-consuming, expensive, and risky, so it's important to do it right. Here's what you need to know — start to finish — about the used car buying process.
Thinking about selling your car for parts? Read this article to determine if this might be the right decision for you.