REPO

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  • November 28, 2008 at 8:35 pm #11927

    Ok Have a 07 honda accord vp with 36000 miles on it the closest honda dealer sold it to them for 30000.00 no money down.they still owe 26666.00 according to thier payment book left in the car. It ran into the ass end of a caravan and sustained 11295.00 in damage to be paid for by gmac ins. ok 2 days into the repair toyota fiancial calls and says they want the car I told them fine since i have not ordered parts yet pay tear down and storage and have a nice day.and bring two trucks.they didn’t realize how damaged it was :laugh: . I have l&s recovery calling me 2 to 4 times a day asking if it’s done which it is after 2 weeks in the shop.They are demanding realease of the vehicle and i keep telling them to bring 11295.00 and the ded.no money no car.now heres the kicker gmac sent the check to the owner who i cannot contact imagine that. so as the storage grows and the 5% late fees does anyone think they should just send me a title.

    December 28, 2008 at 8:40 pm #12161

    I’ve been there many times. The lein holder has no reason to just [i]give[/i] you the title. You’re probably going to have to follow the state statutes for your state to obtain a mechanics lein and title. I have never had a lein holder give up a title. My attorney told me there are some legal issues as to why they can’t/won’t do it. I use a title service, and for a few hundred bucks, you get a title in your name and move on. You really need to get good sound legal advice for your situation and for your state. Don’t rely on internet storys. Good Luck. Stu

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