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Dear Driving for Dollars, We have paid the lien-holder bank back at my auto loan, which is likely to deliver me personally documents saying that We have completely compensated the mortgage. What’s the procedure getting the title from right right here? — Don
Dear Don, the method differs dependent on a state, but usually the holder that is lien expected to notify your state’s Department of automobiles, either electronically or by publishing documents that states you’ve got paid down your loan. Typically, there is certainly a little bit of a delay for the lien owner to work on this they have to prepare the paperwork to notify the state because they first want to make sure your check clears, and then. In a few continuing states, when the automobiles division is notified, it’ll immediately mail you the name. In other states, you’ll need certainly to head to a state cars agency workplace to obtain the name. To understand the procedure in a state, see your state’s motor cars internet site. a list that is complete of by state is available at Dmvlist.com.
When you yourself have a motor vehicle concern, e-mail it to us at Driving for Dollars.