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Even though your lienholder is the vehicle's legal owner, you'll keep possession of the car as long as you make payments on your auto loan; either your lienholder will keep the title until the loan is paid off or you'll hold onto the title with an indication that there's a lienholder involved.

The individual lienholder must sign off in the proper lien release section on the certificate of title; The vehicle owner must obtain a lien release letter; or. The vehicle owner must obtain a general Affidavit ? State Form 37964 that is signed by the individual lienholder.

* If there is a lien listed on the front of the title- A Notarized Lien Release is required for all Missouri Titles, and for Out of State Titles a lien release state specific is required.

If the lien has been paid off, use the assignment portion of the Lienholder Consent to Transfer Ownership, Form TR-128, attach the lien release in lieu of the lienholder's portion of the consent and go to your local county treasurer's motor vehicle office and make application for title.

You will have to submit specific documents that prove the transfer of ownership, such as the registration card of the previous owner and the bill of sale for the vehicle. The vehicle's bill of sale must contain the contact information and signatures of the buyer and seller of the vehicle.

The lienholder will submit a lien release to the BMV using the E-lien system. Once the lien is released, if no other lien is listed on the vehicle the title will be printed and mailed to you.

The entity that took over your mortgage should have notified you. If you can't find out which company took over, call the Federal Deposit Insurance Corporation's (FDIC) lien release number at (888) 206-4662 (toll free) or visit the Closed Banks and Asset Sales section on the FDIC's "Contact Us" page.

What You'll Need to Transfer your Vehicle Title in Indiana Obtain the vehicle title from the seller, with the following information filled out. ... A completed Application for Certificate of Title (Form 205). If the odometer information isn't filled out on the title, provide an Odometer Disclosure Statement (Form 43230).