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When you pay off your loan that financed the purchase of your car, boat, mobile home, etc Afterwards, the bank or finance company will release the lien. The type of lien your title has will depend on how it gets removed. Paper titles with a lien can be released by the lienholder signing a lien satisfaction form.
The state of Florida, allows towing companies to go one step further in order to recover the money they are owed by allowing them to place a lien on the owners drivers license.
A person against whom a wrecker operators lien has been imposed may alternatively obtain a discharge of the lien by filing a complaint, challenging the validity of the lien or the amount thereof, in the county court of the county in which the vehicle or vessel was ordered removed.
After youve found a lien and complete tax history, the lien can be removed through the payment of debts. If the lien can be released by the IRS, it will be within 30 to 60 days. However, mechanics liens need to be released by the creditor.
A person against whom a wrecker operators lien has been imposed may alternatively obtain a discharge of the lien by filing a complaint, challenging the validity of the lien or the amount thereof, in the county court of the county in which the vehicle or vessel was ordered removed.
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