Thread: Lien question
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Old 03-03-2009, 12:48 PM   #6
Ruttiger
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Quote:
Originally Posted by Gozer View Post
If there is simply money still owed on the debt then you wouldn't be liened.

If you didn't pay what you owe the bank and time has passed they may have (probably did) lien it, and you would be required to pay them back before legally selling the vehicle.
Gotcha. So my payments are all up to term, no payments have been missed, but the sale price may end up being a little less than what's owed on the loan. No lien in this case - do I understand you correctly?
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