Removing a Lien
When you pay off your car loan, you can remove
your lienholders name from the title. To do so:
1.
Have your lienholder complete the section of the title
that shows the lien is released, or obtain a statement from your
lienholder on company letterhead that includes:
Your name and address, and the names and
addresses of all secured parties.
The vehicles make, model, and year, as well
as the vehicle identification number.
A statement that youve satisfied the lien.
2.
Bring the title, the
lienholders letter if applicable, and the fee of $18 to yourCounty
Tax Commissioners tag office to apply for a new title.
0 comments