Clearing the Dead Weight: Releasing Zombie Liens on Car Titles, Real Estate, and Judgments
Download MP3Today we're diving into a crucial topic: Zombie Debts.
What is a Zombie Debt?
- It could be a mortgage, a judgment, or a lawsuit—something you thought was long resolved.
- Perhaps an old car loan, once in collections or charged off, or a forgotten judgment.
The common thread? "I haven't heard anything in years—5, 7, even 10 years. No calls, no attempts to collect, no threats to seize my assets."
Then suddenly, a call or credit check reveals the debt is still active.
This Yahoo Finance article highlights a woman pursued for a long-forgotten second mortgage.
How does this happen?
- Unless a debt is formally released—not forgiven or charged off—it remains collectible.
- Original lenders, like Chase or Wells Fargo, often sell these debts for pennies to collectors after payment stops.
- Collectors can wait years before attempting collection, making massive profit after minimal investment.
What should you do if you have a Zombie Debt?
- Request a formal release from the original lender, not the collector.
- Use a specific, written request—avoid phone calls or texts.
- Visit leanrelease.com for detailed instructions.
Why does formal, written request matter?
- Lenders won't likely draft paperwork unless directly approached.
- Prepare everything they need, send it by mail with a return envelope and stamp.
- File the release in all relevant records (land, court, title).
Legal insights:
- Some courts rule against lenders holding both a charge-off and recorded debt.
- Seek legal advice if unsure about your rights.
Conclusion:
- Don't let a Zombie Debt surprise you—take proactive steps to release and remove it.
- Ensure your actions are legal and won't worsen your situation.
Thank you for joining us on Actual Human Advisory on Describ TV. For personalized advice, book a one-on-one consultation with our experts at actualhuman.com.
