Encumbered CR

[Engineer7065]

Tanong lang Po mga Boss. paano b ang process kung encumbered po ang unit sa manila tapos dinala ko po ng mindanao. paano b ang processing kung. anh hirap naman kung sa manila ko lalakarin yung requirements sa ROD at HPG.

[ray_noel]

Tanong lang Po mga Boss. paano b ang process kung encumbered po ang unit sa manila tapos dinala ko po ng mindanao. paano b ang processing kung. anh hirap naman kung sa manila ko lalakarin yung requirements sa ROD at HPG.

As per my limited knowledge, kung saan mo na avail ang car loan dun din sa place ng ROD nila magpapa removed sa encumbered...[emoji31] goodluck sir. 3-5days as per the blog i read ang processing or depends kung kelan ka paababalikin ng officer in charge...


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[Marvin Molata]

tanong ko lang din po, yung nabili ko na car may encumbered pa sa CR pero may release na na chattel of mortage, pede ko ba mafile sa LTO dito samin na maalis ung encumbered nya o kailangan kung saan sya unang narehistro? pangasinan po kc tas cavite ako.. then hahanapin po ba ung first owner pag nagfile o pede ako nalang.. salamat po

[lala31]

sale, ako na naglakad ng cancellation nung encumbrance sa registry of deeds, yun nga lang, kung malayo layo sa lugar mo yung ROD kung saan yan naka entry, eh mapapabiyahe ka.. May bayad rin nasa 1k ata mahigit.. Then kami na rin naglakad nung transfer of ownership. Audacity Find My iPhone Origin

[teburcio]

Hi po mga masters. Just wanted take a chance baka po may nakakaalam sa inyo how we can go around this issue.

The car has already been paid fully but the bank does not want to release the chattel mortgage, original OR/CR, car key and so on because the person who owns the car has a pending debt from the same bank where he got the car as installment. Unfortunately, the car owner died leaving the debt unpaid and the car is still with the bank. Several attempts were made to get the chattel release from the bank but to no avail. I wont be disclosing the bank's name as there might be a legal sanction of some sort .

Anybody has a bright idea on how we can solve this nightmare?

My last hunch is to ask from an attorney which I think is not the best option.

Many thanks in advance mga masters.

[dr. d]

Hi po mga masters. Just wanted take a chance baka po may nakakaalam sa inyo how we can go around this issue.

The car has already been paid fully but the bank does not want to release the chattel mortgage, original OR/CR, car key and so on because the person who owns the car has a pending debt from the same bank where he got the car as installment. Unfortunately, the car owner died leaving the debt unpaid and the car is still with the bank. Several attempts were made to get the chattel release from the bank but to no avail. I wont be disclosing the bank's name as there might be a legal sanction of some sort .

Anybody has a bright idea on how we can solve this nightmare?

My last hunch is to ask from an attorney which I think is not the best option.

Many thanks in advance mga masters.

someone already narrated a similar case, some time in the past.
i are still wondering, what happened to that case.

the narrator was willing to settle the debt, but the bank refused to disclose the details of the debt because of bank secrecy issues.

there should be a law to help innocent buyers...

[_Qwerty_]

you said the car is with the bank? baka na benta na nila yan..

[chronicle]

Nasa bank ang kotse pero nabayaran na ang unit? Sino ba ang nagtuloy?

Ang labo.

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[_Qwerty_]

kung nasa bank ang car that means nahatak yun.. hindi nabayaran.. pano na fully paid?

[Rob@143]

Banks are just plain greedy.

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[shadow]

Meron siya car loan sa bank, tapos nabayaran na niya then siguro meron siyang outstanding na CC debt, I'm thinking wala naman pwedeng ibang outstanding na utang aside from CC. Siyento prioritized niya yun car loan kesa sa CC debt.

Hinde talag I release ng bank yan until bayaran mo yun CC debt. Lalo na isang bank lang pala. Tapos baka napunta na sa collection agency yun CC debt.

Alam ko nasa contract yan, hinde ma release isang loan pag meron pang isang bad loan.



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[_Qwerty_]

ang sabi nya kasi yung car nasa bank..

Meron siya car loan sa bank, tapos nabayaran na niya then siguro meron siyang outstanding na CC debt, I'm thinking wala naman pwedeng ibang outstanding na utang aside from CC. Siyento prioritized niya yun car loan kesa sa CC debt.

Hinde talag I release ng bank yan until bayaran mo yun CC debt. Lalo na isang bank lang pala. Tapos baka napunta na sa collection agency yun CC debt.

Alam ko nasa contract yan, hinde ma release isang loan pag meron pang isang bad loan.



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[shadow]

ang sabi nya kasi yung car nasa bank..

Wala naman siyang sinabing yun car mismo ang nasa bank.


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[sirkosero]

Wala naman siyang sinabing yun car mismo ang nasa bank.


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Pero nasa bank yung car key...

Labo ng kwento neto... Moral of the story wag bumili ng alanganin ang papeles at lalong wag bumili ng assume balance

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[shadow]

Pero nasa bank yung car key...

Labo ng kwento neto... Moral of the story wag bumili ng alanganin ang papeles at lalong wag bumili ng assume balance

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Mali lang siguro. Baka akala niya dalawa dapat yun keyless, meron kasing ibang mode na isa lang talaga then ordinary key lang yun pangalawa.


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[_Qwerty_]

Eto kasi sabi nya - Unfortunately, the car owner died leaving the debt unpaid and the car is still with the bank.

Baka ibig nya sabihin the car registration is still with the bank.

[shadow]

Eto kasi sabi nya - Unfortunately, the car owner died leaving the debt unpaid and the car is still with the bank.

Baka ibig nya sabihin the car registration is still with the bank.

Yun other debt pagkaintindi ko sinasabi niya and not the car loan


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[leonleon]

Pagkaintindi ko ayaw i clear yung OR/CR (car loan) kasi may utang pang iba sa bangko?

Tama kaya?

[shadow]

Pagkaintindi ko ayaw i clear yung OR/CR (car loan) kasi may utang pang iba sa bangko?

Tama kaya?

Yes. Natapos na yun car loan pero hinde ma release chattel dahil meron pa utang sa bank which is I think CC debt.


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[teburcio]

someone already narrated a similar case, some time in the past.
i are still wondering, what happened to that case.

the narrator was willing to settle the debt, but the bank refused to disclose the details of the debt because of bank secrecy issues.

there should be a law to help innocent buyers...

Yes I also called the bank and they wont give us any info