How do I get a loan satifaction letter from the bank from years ago?

Loan was satified back in 1995. The bank has been bought, then merged and is now in the Bank of America monster and it's showing up as a cloud on my title. I'm not getting anywhere. BTW, it's a business loan. Thanks!

How do I get a loan satifaction letter from the bank from years ago?
These situations can become rather difficult. Unfortunately it is also very common. Mortgage companies and lenders are supposed to file a satisfaction of lien once a loan is paid. They are also supposed to send you a copy of the satisfaction. If this isn't done then you get stuck in a situation like what you are dealing with. Your best bet is to hire a title attorney to do research and track down this debt for you. If it has been sold or transfered to another bank, it's going to take some research to track it down. It may be an expense to you to have a title attorney research this but it's better than having a blemish on your title or worse, having to repay a loan that you already paid off. You won't be able to refinance or sell your home without a satisfaction of that debt, even if it's old.





Hope it works out.
Reply:The satisfaction of mortgage should have been recorded. Try looking for the satisfaction on the county property appraiser's site online, nowadays these sites have pretty good information and sometimes even show the image of the document that was recorded. Good luck!