Virginia Release of Lien for Child Support
Description
How to fill out Release Of Lien For Child Support?
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FAQ
The Virginia Mechanics Lien Release Form is used to cancel a lien that has already been filed. It's most often used to release a lien claim after a lien claimant receives payment. However, they may also be released based on settlements, legal controversies, because they expired, or more.
Upon satisfaction of a judgment, creditor must file a release of judgment (Virginia Code § 8.01-454). Creditor or their legal representative shall draft a satisfaction or complete CC-1463/Authorization for Entry of Satisfaction of Judgment and /or Release of Judgment Lien (PDF).
You will also need to provide evidence (such as receipts and cancelled checks) showing that the lien has been paid in full, a notarized statement that you have made final payment on the lien, along with returned certified mail addressed to the lender requesting a lien release for your vehicle.
When you pay off your vehicle loan, the lender has 10 days to notify you and must send you the title showing your lien as satisfied. Most lenders participate in DMV's electronic lien program and will ?release? the lien automatically, which triggers DMV to mail you a new title to your address listed in DMV records.
Release details: Provide a statement confirming that the borrower has fully repaid the debt and that the lienholder is relinquishing their legal claim on the property or asset. Include the date when the borrower paid off the debt.
Under Virginia law, child support arrears, or money that is owed and should have been paid earlier, cannot be waived. The court also cannot modify or lessen the arrears that a parent accrued.
Must Virginia lien waivers be notarized? No, Virginia lien laws do not require waivers to be notarized in order to be valid and enforceable.
Ing to the Virginia Code, the court can also award retroactive child support from the date the petition was filed until a child support order is entered by the court.
