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LIEN SALES ABANDONED ABATED VEHICLES VEHICLE INDUSTRY REGISTRATION PROCEDURES Title 18-Page 18,000 Introduction 18-3 18.005 Definitions 18-3 18.010 Lien Sale Categories 18-3 18.015 Liens 18-3 18.020
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Chapter 18 lien sales are public auctions held to sell property that has a lien on it, in order to satisfy a debt or obligation.
Individuals or businesses that have a lien on a property and wish to sell it through a lien sale are required to file Chapter 18 lien sales.
To fill out Chapter 18 lien sales, one must provide detailed information about the property, the amount owed, and any other relevant details about the lien.
The purpose of Chapter 18 lien sales is to provide a legal process for creditors to recover unpaid debts by selling the property that has a lien on it.
Information such as the property description, the amount owed, the name of the debtor, and details of the lien must be reported on Chapter 18 lien sales.
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