A: No, you must have a free and clear title with no other
lienholders on the title.
LoanMart would then be
the lienholder on the automobile and our name will appear on your title.
Based on vehicle equity and the ability to repay the loan, LoanMart allows users full - use and funding, while they take over as
lienholder on the vehicle title as a form of collateral, but only over the course of the repayment period.
If your mortgage lender or
the lienholder on your vehicle have threatened a foreclosure or repossession action, you need to act quickly.
Usually,
the lienholder on a new vehicle — the bank that issued the car loan — is going to require a maximum deductible of $ 500 on comprehensive and collision coverage (that's the part of your insurance that protects your car).
Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or
another lienholder on property requests a court - supervised sale of the property to cover the unpaid balance of a delinquent debt.
Not exact matches
A short sale is accomplished when an offer is placed
on your property that the
lienholder (lender) agrees to accept, but is an amount less than the amount owed
on the loan.
Before submitting proof of insurance, please make sure that Tower is listed
on your policy as
Lienholder / Loss Payee, with the address:
As the
lienholder of your consumer loan, Evansville Teachers Federal Credit Union requires proof of insurance
on your vehicle.
Adding a
lienholder to a car title is done so the lender can use your car as collateral to ensure repayment
on the title loan.
The seller will need to contact their lender to receive a Confirmation of Ownership or a clear title without a
lienholder listed
on it.
This isn't the place for a textbook of information
on the particular liens in your state, but it's the time to impress upon you the need to fill in the provided forms — especially the blanks that ask you to list the insurers and
lienholders that you know exist.
Usually, subordinate
lienholders have a right to redeem property for the amount owed
on all prior liens for a short specified time period following a foreclosure sale (typically a week or two each).
The declarations / information page includes the policy number, the effective dates, the details of the cars covered
on the policy, the
lienholder (if you have a loan
on the car), the coverages, coverage limits, your premium, risk classifications and any discounts or surcharges.
I've paid off my auto loan, but the former
lienholder still shows
on the claim I just reported.
If you lease your vehicle or if you are still making loan payments, the leasing company or
lienholder must be listed
on the claim check.
If you've paid off your auto loan but your
lienholder is showing up
on the claim reported, contact your primary claim adjuster right away.
So when you select a $ 1,000 deductible to get the best car insurance rates, but your
lienholder insists
on a lower deductible, that's going to raise your premium.
The offer was contingent
on the approval of all
lienholders.
the
lienholder (lender) does not object to the executory contract and consents to verify the status of the loan
on request of the purchaser and to accept payments directly from the purchaser if the seller defaults
on the loan; and 5.
I'm tired of working for months
on these, only to have them fall through due to unrealistic expections
on behalf of the
lienholders.