Get a Conseco Finance Servicing Corp Lien Release Instantly
Consumers who financed a home purchase or refinance through Conseco Finance Servicing have been in for a wild ride since the company was sold in 2003. The problems started in 1998 when the company bought Greentree Financial, a mobile and manufactured housing lender, in 1998. It turned out to be a bad deal for Conseco, and they were forced to sell to GE Capital in 2003. GE Capital was sold for parts in 2013, and your mortgage was probably bought by GM Credit (now Ally Bank) or Wells Fargo.
If you've paid off your original Conseco mortgage and don't have a , DoNotPay can help you get that critical paperwork.
Homeowners who faithfully pay the mortgage every month have every right to expect the mortgage company to agree to once the debt is paid. But when the company servicing the mortgage has been sold several times, it's hard to know where to go to demand the lien release.
Aside from obtaining for you, DoNotPay can also answer your questions with regard to:
- Finding out if there is a lien on your house
- Properly filling out a lien release form
- Removing a state tax lien from public record
- Finding out if there is a lien against you
- Limitations of selling a car with an existing lien
- Removing lien on a property
- And more!
Read further to find out everything you need to know about liens and how they can be removed either on your own or with the help of DoNotPay.
How Mortgages Work
When you finance a home purchase, you take out a mortgage, which is basically an IOU to the lender. You sign a promissory note that you'll pay it back per the agreed schedule, and the lender secures the loan with a Deed of Trust that's filed at the courthouse. This Deed of Trust gives the lender the right to foreclose if you don't make the payments, and they agree to release it once the mortgage is paid.
Typically, the lender issues a "notice of release" when that happens, and the lien is taken off the books, and the trust deed may be returned to you. But if the lender of record has ceased to exist, it falls to the current holder of the mortgage to .
The problem here is that after so many transfers of ownership, loan documents frequently get lost. This is the case for many customers of Conseco Finance Servicing Corporation.
What Are Liens?
A creditor may file a lien against you for any goods or services you contracted to purchase but failed to actually pay for. Unlike a collection on your credit report, which simply notes delinquent payments, a lien prevents you from selling that asset until you have finished making the payments. Here are some things that can have a lien put on them.
- Boats, RVs, motorcycles
- Construction materials (for materials and labor)
- Unpaid taxes
No matter what type of lien release it is that you need help with, whether, on a property, vehicle, unpaid taxes, or more, DoNotPay is the legal expert that you can rely on.
How to Obtain a Conseco Finance Servicing Corp Lien Release
There are several ways to get a Release of Lien if you originally financed your home with Conseco. It is important that you conduct whichever is most appropriate for your case to guarantee the best outcome.
Call the most recent servicing company
- Whenever your loan is sold, you get a letter from the new servicer notifying you of the change. The terms of the loan don't change, you just send the check to another PO Box. Call that company to request the release.
Ask the trustee on the trust deed to release the lien
- Go to the courthouse and find the trustee listed on the trust deed. Contact that person, or their law firm or trust company, and ask them to release the lien
Ask the FDIC for help
- If the government had a hand in your lender's sale, as in a bankruptcy filing, the Federal Deposit Insurance Corporation (FDIC) may be able to help. Here is their lien release number you can call, to find out who is currently holding the lien: (888) 206-4662
Ask the Title Company to Get Involved
- The company that has your title insurance policy may be able to help clear the lien. It's in their interest to clear the title as soon as possible, especially if you sell the house. An unreleased lien creates a "cloud" on the title, and it has to be resolved before you can sell the house.
Documents You'll Need
Of course, you'll need to prove to the trustee or the mortgage company that you have paid off the loan. These are the documents that you will need to provide.
- Copy of original HUD-1 statement and Promissory Note
- Copies of canceled checks
- Letter from lender stating the loan is paid in full
If you have any questions or clarifications, you can also reach out to Conseco Finance Servicing Corp directly at:
|Mailing Address||Conseco Finance
55 4th Ave N
Saint Paul, MN 55128
The challenge here is that your requests can be ignored, forgotten, or purposely mishandled.
How DoNotPay Can Help
If all these seem overwhelming, DoNotPay can actually get the lien release process started for you.
Here are the three easy steps that you need to take:
- Search for remove my lien on DoNotPay.
- Start our Remove My Lien product.
- Answer some questions about your specific lien and let us help you craft a letter to your creditor to resolve the issue.
And that’s it! DoNotpay will ensure the Conseco Finance Servicing lien on your property is rightfully removed in no time.
What Else Can DoNotPay Do for You
DoNotPay can solve lots of problems, big and small, with the click of a button. Aside from taking care of liens, and property taxes for you, here are other concerns that the world’s first-ever robot lawyer can assist you with:
- Improving your credit report
- Getting a burner phone
- Negotiating credit cards
- Securing a Release of Liability
- Dealing with chargebacks and refunds
- Getting airline flight compensation
- Subscribing to free trials without being charged after
- Getting help with bills
- Skipping the queue when contacting customer service
- Suing anyone in small claims court
- Negotiating expensive hotel bills
There's really not much DoNotPay can't do for you. Download the app today and be amazed at how much you can accomplish using a single app.