Captive lender lien release

I have a question that was partially answered by attorney Judson E Crump. Crump is quite up to date and knowledgeable regarding lien holder issues on trade in vehicles.

The question deals with release of a lien on a car title. The lien holder was a Ford captive lender. The captive lender was paid off with a personal check 13 months prior to the trade-in for a new vehicle.

The captive lender sent the borrower a lien release that was not printed on the title to the vehicle, but a separate piece of paper. This separate document was given to the auto dealer's finance department and lost, so the dealer was stuck with a car it could not sell until it found the lien release.

The Mobile, Alabama attorney did not know if this now becomes the buyers responsibility to have another copy of the lien release sent to dealer OR whether the dealer can call the Ford captive lender requesting another lien release since the dealer lost the lien release to begin with!!

Comments

  1. MY GOD! This is exactly what happened to us at Gene Messer in Lubbock, Texas USA.
    SCOTT LARRENTREE,EFREN GONZALEZ, JONATHAN LUCIO and his nice brother, GLEN SEAMAN were all involved with this nagging issue regarding a lien on a vehicle we purchased from them. We trusted them to get it removed and happily drove off the lot with nice used Camry, BUT the lien did not get removed! We had to call a lawyer and threaten to sue them and then it got got straightened out in a hurry. Said that is what it took, but all call dealers are all smiles and compliments that way until they get you sign on the dotted line.

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    Replies
    1. You may know somebody from the Military Institute in Roswell since they send some of their graduated to TECH

      I attended NMMI in 2014 and had a few run ins with an arrogant cadet named Alex Malott. He had a very high opinion of himself, but was below average in the classroom and struggled with stuttering earlier in his life. A problem he partially solved with the help of some outstanding and caring faculty in Lea Hall. He made fun of mentally challenged and retarded people and did not get along so well with ROTC higher ups. I would be surprised if he has held down a job for reasonable length of time. I think he cared about the corps and I respect that, but he had this mightier than thou attitude that needs to be changed if he wants to be a productive employee for somebody!!!

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