How it is done around here is pretty simple. His bank gives him a certified check made out to you and the lean holder on your truck. You then have to go to your lean holder to be able to use the check. So you take the check to your bank/lender. They pay off the loan and then give you the balance. They will usually sent the title to the new lean holder/bank.
Does not make much difference if it is a truck or some other piece of equipment. It has been done that way for years.
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Today's Featured Article - A Question for Dads This recent topic from the Tractor Talk discussion board is being highlighted because it is an awesome display of the caliber of individuals that have made this site their own. The young person asking questions received positive feedback and advice from total strangers who "told it like it is" with the care many reserve for their own kids. The advice is timeless... so although it isn't necessarily antique tractor related, it will be prominently displayed in our archives to honor those who have the courage to ask and those who have the courage to respond in an honest, positive manner.
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