Sentences with phrase «lien holders generally»
One big reason for this is that some vehicles are leased or financed, and lien holders generally require these types of car insurance protection on their vehicles until the liens are satisfied.
http://www.carinsurancequote.net/ Not exact matches
Generally, when qualifying for said loan and depending on the lender, a customer will have to relinquish the vehicle's title to the lender, as they will become the new lien holder.
Generally speaking, there is only one basic requirement for purchasing a PLPD insurance policy: you must own your vehicle outright and not have a lien holder, such as a bank or a car loan lender, on the title.
When drivers borrow money toward the purchase of an automobile, they are generally required by lien holders to include collision and comprehensive insurance until the loan is paid off.
In short, a short sale is nothing more than negotiating with lien holders a payoff for less than what they are owed, or rather a sale of a debt, generally on a piece of real estate, short of the full debt amount.