Arkansas Release of Judgment Lien - Full Release
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How to fill out Release Of Judgment Lien - Full Release?
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FAQ
Arkansas residents can apply at any state revenue office. Please allow a minimum of three weeks processing time to receive your title. Please allow a minimum of three weeks processing time to receive your title.
It's illegal to sell your car without a title in 48 states. Alabama and Arkansas may accept a bill of sale in place of a title in some situations. Car owners can apply for duplicate or replacement titles through appropriate state agencies.
How long does a judgment lien last in Arkansas? A judgment lien in Arkansas will remain attached to the debtor's property (even if the property changes hands) for ten years.
The state of Arkansas DOES require a Certificate of Title in order to transfer ownership of your vehicle.
Typically, it's the responsibility of the seller to pay off the lien on his or her property on or before the day of closing. Most liens are paid off from the proceeds of the sale at the time of closing.
What You'll Need to Do to Transfer your Vehicle Title in Arkansas Visit any DMV office near you. Obtain the vehicle title from the seller and sign and date as the ?buyer." Make sure the seller has also signed and dated the title and filled in the bill of sale and odometer sections, if required.
When your loan is paid off, your lender will send the lien release to the DMV. The DMV or other state office will then send the updated title to you. This process can take longer than in a title-holding state. However, you may not have to submit much, if any, paperwork.
If you have trouble collecting the money that the judge has found you are entitled to, there are two possible causes of action available to you: a writ of garnishment and a writ of execution. The writ of garnishment of wages will order an employer to take out a certain amount from the defendant's paycheck.