Quote Originally Posted by ray_noel View Post
Hi sir, how hassle po ba yung pag process ng release ng encumbrance? I fully paid my ecosport and plan to sell it pero di ko pa na process ang encumbrence.

My friend in casa told me that it would only cost around 2k and i can just offer less 5k for them to process the removal of encumbrance...

Hirap kasi nito, sa cebu ko na acquire ang loan so sa cebu ko din ipaprocess sa registry of deeds and im in bohol... grrr...


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sounds correct around 2k lang removal ng encumbrance. you can sell the car naman tapos buyer na magpa remove ng Encumbered. mag usap nalang kayo if willing yun buyer as long as complete ang documents. ang mahirap lang kun tulad nun nawawala nga ang cancellation of mortgage or original cr and the like.