Posted by 135 Fan on April 09, 2008 at 20:36:26 from (68.149.51.25):
In Reply to: Bank Lean on Equipment posted by Charlie in Southern on April 09, 2008 at 12:58:22:
All the things I've ever bought or sold and even the forms for selling vehicles all say,"Free of all liens and encumberances". You can also go to a registry and check if there is a lien. In the case of a vehicle, you can register a lien at the vehicle registration agency. This stops the person from selling the vehicle to someone else if he still owes you money for it and on the other hand, can not let him get proper registration without paying off the lien. I'm not a lawyer but I have had some experience with certain things. People don't always have to be a qualified professional to give good sound advice that is based on actual events that have happened. Another example, If a calf has to be pulled, do you have to have a vet come to do it? Most, if not all, farmers that raise cattle will know what to do and only call a vet for a more serious problem. Getting good legal advice is a good idea but isn't always necessary. Someone else may have gone through the exact same thing and be able to help. Much cheaper than a lawyer too. Dave
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