A lien is a charge on property for the payment or discharge of a particular debt having priority to the general debts of the owner of the property. Liens may be either general or specific. A specific lien is a charge on particular personal property for the sum due with respect to that particular piece of property.
The following form creates a lien on automobile parts and motors for charges incurred by the Machine Shop for its services and charges in repairing and/or rebuilding the items. Upon failure by Customer to pay all charges for repairing or rebuilding the items, Machine Shop may sell the items by public or private sale, and the net proceeds of such disposition, after deducting all expenses of Machine Shop, shall be credited against the total amount owed by Customer to Machine Shop.. Machine Shop may purchase any of the items at any public or private sale by simply bidding its debt and expenses. No money need change hands, but a record should be kept detailing the date of the sale, the amount paid and the items sold and purchased.
Wyoming Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile
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How to fill out Authorization For Lien And Sale For Nonpayment Of Repair And / Or Parts Charges - Car Or Automobile?
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5 Ways To Remove A Lien From A Car Title #1: Lien release letter. #2: Letter of non-interest. #3: The lender was shut down. #4: The lender went out of business. #5: Court-ordered title. BONUS: Your lien may have already been discharged by your state.
If the back of the title does not provide for a date of sale and a sale price, you will need a separate bill of sale. This document only has to be signed by one owner and it is not required to be notarized.
To release a lien or security interest: You must complete and return a termination form (PDF) You must have your Wyoming Certificate of Title. If original lien was filed prior to July 1, 1993 a fee is required - refer to fee schedule (PDF)
You must file it in the office of the County Clerk of the county in which the owner resides. A notation of the security interest must be endorsed on the front of the Wyoming Certificate of Title. Additional collateral $1.00 each. Required fee for original lien - Refer to fee schedule (PDF)
Wyoming titles require all owners whose names appear on the face to sign as seller in the presence of a notary public.
