Request for a Wells Fargo Lien Release Easily
Wells Fargo is a community-based financial service company with approximately $1.9 trillion in assets. The company has its headquarters in San Francisco and gives customers banking, investment, mortgage, and other commercial services. It operates in more than 8,050 locations with 13,000 ATMs in 38 countries globally and supports customers who carry out business in the worldwide economy.
When you default to any of the company's financial services, you cannot evade a attached to your collateral property. You can remove the lien though it is a lengthy procedure requiring you to fill the release form and send it to the creditor to sign. You don't have to pass through all the bother when DoNotPay has a perfect solution to your problem through the Remove My Lien product.
What You Should Know About a Lien
A lien is a guarantee that safeguards an underlying obligation such as repaying a loan or debt. When you fail to pay the debt, the creditor has no option other than to seize the property and sell it to recover the debt.
Liens can be voluntary or involuntary, whereby a voluntary lien is when you willingly agree with a creditor to place a lien on your property. On the other hand, involuntary lien where a creditor has to seek legal action for your non-payment of the debt to seize your lien attached property.
What Might Make Someone File a Lien Against Your Property?
There are numerous reasons that might make your property be attached with a lien:
- If you have defaulted on your loan, a bank will likely file a lien against your property to recoup its money. In the case of a mortgage to buy a car, the bank may repossess the vehicle and sell it to someone else through auction to get their money back.
- If you owe taxes, the IRS may place a lien on your property to pay your overdue tax debt. It is important to note that there is no escape route to this debt even when you file a bankruptcy.
- If you have child support, a court order might place a lien on your property to make sure you clear your unpaid dues. You cannot evade it even when you declare yourself bankrupt.
- When you owe a contractor after working on your property, they have a right to place a lien on the property in question to get paid.
Learn Where You Can Find Wells Fargo Lien Information
If you are not sure whether , you can do so by checking on public records sites. Such information is vital, and thus the federal, state, and county governments ensure that they are available on public websites for general viewing.
You can view your property at any convenient time; you only need to provide your personal information, your name, and your property address. However, not all counties have put their records online, and thus you should find them in person by visiting your county clerk's office.
Here’s the contact Information for Wells Fargo:
24/7 Hotline | 1-800-956-4442 |
Appointment | Schedule Form |
Corporate Office | Wells Fargo
420 Montgomery Street San Francisco, CA 94104 |
Specific Addresses | Contact List |
Can You Sell Your Property With Well Fargo Lien on It?
If your property has a Wells Fargo lien attached to it, you cannot sell your property unless it is removed. When a Wells Fargo lien is attached to your property, it means that the property is only partially yours. The government ensures that all public property information is available online to ensure that citizens know the properties with a lien on them.
How Do You Get Wells Fargo Release Form?
Once you have settled your Wells Fargo debt fully, you are entitled to get a release form signed by them to confirm debt payment. A release form is also known as:
- Lien cancellation
- Lien discharge
- Lien satisfaction letter
Learn How You Can Get Rid of Wells Fargo Lien by Yourself
There are various ways of removing the lien, which include:
- Discharge in trust. You can achieve this through a third party, usually a lawyer. The creditor has to get rid of the lien first before handing over the cash to them.
- Court order. You can have your lien removed through a court proceeding where you pay the court an equal amount as the one you owe Wells Fargo. In turn, Wells Fargo has to remove the lien before getting its cash from the court.
- Expiry. A lien has an expiration date, and the Wells Fargo lien is no exception. If the lien stays inactive for long till it expires, they will have no moral ground to enforce it.
Though you can remove the Wells Fargo lien using DIY methods, the follow-up process is a long one that demands a lot of time, as mentioned earlier. You don't have to worry since DoNotPay has got you covered in any easy and less frustrating way.
Learn How You Can Get Rid of Wells Fargo Lien Using DoNotPay
Follow these three simple steps:
- 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.
Learn What Else You Can Solve Using DoNotPay
DoNotPay can help you solve any problems concerning liens:
- Learn how to remove a tax lien from your credit report
- Learn how to remove a state tax lien from the public record
- Find out who has a lien against your property
- Find out if there is a lien on your house
- Learn how to complete a lien release form
- Learn how to sell a car that has a lien on it
- Learn all about car lien release
You don't have to get stressed about removing the Wells Fargo lien from your property when has a straightforward solution for you.