This form is a sample letter in Word format covering the subject matter of the title of the form.
Lien Release Letter From Bank Of America In Philadelphia
State:
Multi-State
County:
Philadelphia
Control #:
US-0019LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
If a copy is not available with the county recorder's office after 90 days, please call the Customer Service team at 1-800-669-6607 to submit a lien release request.
Obtaining a Lien Release 1 Confirm the FDIC has the authority to assist with a lien release. 2 Compile Required Documents and Prepare Request for a Lien Release. 3 Register/Mail request to FDIC DRR Customer Service and Records Research.
It depends. If the court has invalidated the lien then it could be instantaneous. If you need to contact the “lienholder ” and negotiate then it could take as long as it takes. Unless the courts have invalidated the lien it will be up to how fast the “lienholder” moves.
In most cases, the lien holder (the lender in this case) should send the release to be recorded within 30-90 days. If you aren't sure what the requirements are in your area, reach out to your real estate agent, title agent, or real estate attorney for guidance.
If a copy is not available with the county recorder's office after 90 days, please call the Customer Service team at 1-800-669-6607 to submit a lien release request.
If the bank failed within the last two years and another bank purchased or acquired the failed bank, you should contact the acquiring bank (see the Failed Bank List). If the lien is for a subsidiary of a failed bank, the FDIC may also be able to assist you. Please contact FDIC DRR Customer Service at 888-206-4662.
If the lien is for a subsidiary of a failed bank, the FDIC may also be able to assist you. Please contact FDIC DRR Customer Service at 888-206-4662. The FDIC cannot process lien releases for: Banks that merged without government assistance, unless the successor bank failed (see BankFind)
Call directly from BoA mobile app or connect on online chat. No self-service online option is available for generating the verification letter yourself. You will need to speak to someone to request the letter.
By requesting a ``LIEN RELEASE'' from the Lien holder, or the entity or person who initially put the lien on the property. Once the debt has been satisfied and a LIEN RELEASE has been issued, then the release is filed with the County where the property is located.
