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Detailed Answer: Verifying Vehicle Loan Satisfaction in Missouri

When an estate administrator needs to ensure a vehicle loan is fully paid, Missouri law sets clear steps. Under Mo. Rev. Stat. § 301.160, once a lender receives full payment, the lender must execute and deliver a release of security interest and file that release with the Missouri Department of Revenue within 30 days. This process clears the lien from the vehicle’s title record.

1. Obtain a Written Lien Release:
   • Request the lender or lienholder to provide a signed lien‐release document. Missouri law requires this in a form prescribed by the Director of Revenue. Link: Mo. Rev. Stat. § 301.160.
   • Confirm the release bears the lender’s name, address, date of satisfaction and vehicle identification number (VIN).
2. Review the Vehicle Title:
   • Ask the lender to endorse the lien release directly on the face of the title, if still held by the lender.
   • If the title has already been issued back to the owner, obtain a duplicate title showing the lien has been released under Mo. Rev. Stat. § 301.170: Mo. Rev. Stat. § 301.170.
3. Verify Through the Missouri Department of Revenue:
   • Use the Missouri DOR’s online titling system or contact a local DOR office with the vehicle’s VIN to confirm no lien appears on file.
   • Request a current certificate of title history, which lists all past and present liens.
4. Retain Complete Records:
   • Keep copies of the lien release, title endorsements, and any DOR certificates together in the estate file.
   • Document all communications with the lender and DOR, including date, name of representative and reference numbers.

Following these steps ensures the vehicle’s lien status is clear before distribution or sale. It protects the estate from hidden debts and title defects.

Helpful Hints

• Always verify the VIN on every document matches exactly the title and lender paperwork.
• Allow at least 30 days after final payment for the lender to file the release with DOR.
• Use certified mail or tracked courier when requesting and receiving lien releases.
• If a lender fails to release a lien, send a demand letter citing Mo. Rev. Stat. § 301.160 and consider filing a complaint with the Missouri Department of Revenue.
• Consult with a qualified attorney if discrepancies arise; this guide is not a substitute for legal advice.

Disclaimer: This article provides general information under Missouri law. It does not constitute legal advice. For guidance specific to your situation, consult a licensed attorney.