How do you write a request for a lien release?
How to Write a Letter Requesting a Title From a Lien Holder
- Write your name and return address in the top three lines of the letter.
- Insert the complete date (month, day, year).
- Enter the recipient’s name, title, company name and address on the next five lines.
Are liens discharged in bankruptcy?
You can eliminate certain types of liens in bankruptcy. Bankruptcy can help you wipe out many types of debts—but if the creditor has a lien on your property, you could still lose the property. The discharge—the order that wipes out qualifying debt—doesn’t remove liens and liens give creditors property rights.
What does it mean when a lien is discharged?
A release of lien (also known as a mechanics lien release, discharge or final lien waiver) generally means that you’ve been paid, or the construction lien dispute has otherwise been resolved. As a condition of payment, the construction lien usually must be discharged.
What debt can be discharged in bankruptcy?
Most consumer debt is dischargeable in bankruptcy. Chapter 7 bankruptcy wipes out medical bills, personal loans, credit card debt, and most other unsecured debt. Debt that is related to some kind of “bad act” like causing someone injury or lying on a credit application can’t be wiped out.
How do I get a lien off a title after bankruptcy?
If the lien remains after the bankruptcy, contact a bankruptcy attorney to file a motion to avoid the lien. This legal motion requests that a judge formally remove the lien on the property. If this occurs, the lien is no longer present. It may be possible to contact the lien holder directly and request the remove.
How to obtain a lien release on a property?
A copy of a recent Title Search or Title Commitment or Attorney’s Title Opinion on the property for which you are requesting a release. This is especially helpful in cases where the Mortgage documents are of poor quality or difficult to read. Your Title Company or Title Attorney can usually provide you with this document.
What happens if the lien holder won’t release title?
I filed chapter 13 on November 2015. Plan approved and payments began in December 2015, and I was timely since. The lien holder won’t release the title so I’m unable to register the car. The car was purchased in another state in 2011. I moved in 2012 and filed here.
Why is there a lien on my Car title?
In order to keep you from acting as the legal owner of the car – and to protect their interests – your lender will put a lien on your car title. Once you have satisfied your car loan, you will be eligible to have the lien released from your car title.