Bank has changed name and 2 years have passed. How do I get the new bank to sign off on the lien when I lost the payoff letter.
2007-05-24 15:58:16 · 4 answers · asked by qlpentertainment 1 in Cars & Transportation ➔ Buying & Selling
They should have record of your account, it doesn't matter if the bank has changed names. The lender is also not required to notify the DMV of a lien pay off. Generally speaking, the lender will release interest and send the title for reissue to the buyer's name. Others send the documentation to the buyer, and the buyer is responsible for title transfer. It sounds as though, that's what your bank did. You need only provide an acct number, and they should be able to locate the record, if not by acct number, at least by your name.
2007-05-24 18:39:01 · answer #1 · answered by fisherwoman 6 · 0⤊ 0⤋
Call the bank and ask for a lien release. The title should have the lender on it.
2007-05-24 16:33:46 · answer #2 · answered by Paige Turner 3 · 0⤊ 0⤋
go to the bank with the registration and ask for a "lien satisfied". Or call the bank and talk to them about it. Not a big deal. Is this California? What bank?
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2007-05-24 16:04:47 · answer #3 · answered by redwine 2 · 1⤊ 0⤋
Depending on your US state, The bank will either send you the clear title itself or will send a lien release.
2016-05-17 08:16:07 · answer #4 · answered by estella 3 · 0⤊ 0⤋