If you’re in the market for a used car and you’ve looked at cars that are being sold by the current owner, you may have run across a car for sale that has a lien. A lien means that someone else, in ...
of New York's new law allowing the release of a lienholder's security interest in a motor vehicle without the involvement of the lienholder, and the law's potentially negative consequences, such as ...
A: Rhode Island does not require a person to apply for a new title once the lien has been satisfied. RI only requires the lien to be released by your lien holder signing off on the title and/or ...
A lien on a car means a third party — usually a lender, known as a lienholder, such as a credit union or bank — has a legal interest in the vehicle. If there is a default on the loan, the lienholder ...