Lien Title Charge Offs, Write Offs, and Repossessions: What You Need to Know
Download MP3In this episode, you'll learn about:
- Understanding charge-offs and how they affect vehicle titles.
- What happens when a vehicle loan becomes non-performing or delinquent.
- Why lien holders might not want to reclaim vehicles with unpaid loans.
- How banks and financial institutions handle charge-offs and write-offs.
- The process of requesting a lien release for a vehicle title.
- Why it’s essential to send a written request to the lien holder.
- The legal steps you can take if a lien holder doesn't respond.
- Filing a petition in court to override a lien.
- Additional tips for removing liens on real estate and dealing with credit card charge-offs.
- How to ensure your vehicle has a clear title for selling, insuring, or transferring.
Resources Mentioned:
- Live one-on-one consultations available at ActualHuman.com.
- Visit CarShortSale.com if you owe more on your vehicle than it's worth.
- For additional questions or comments, use the links provided below.
Expert Consultation Areas:
- Investigations, insurance, surety bonds, civil court mediation.
- Real estate records research, real estate brokers, mortgage lenders.
- Business development, marketing, and certified licensed experts.
Additional Notes:
- If you're struggling with lien releases or title issues, contact us for professional help.
- Explore more expert advice on various topics via the links provided.
Thanks for listening!
