by lrob4242 » Thu Jan 24, 2013 06:02 am
So I am listed as a lienholder on the title of a car in New York, because I was supposed to get repayment on the vehicle. I became the lien holder about five years ago. I was never repayed and since then the vehicle has been reregistered and retitled, but I still remained the lien holder. The car was recently totaled and the insurance company paid the actual cash value to only the insured and not to me. I was pretty sure there were laws against that in New York. The ins company realized they made an error, but are unsure yet of what they will do to compensate me. Any one know the regulations on it? Or know where I might find materials to reference the regulations?
Thanks!
Laura
Thanks!
Laura
Posted: Thu Jan 24, 2013 01:50 pm Post Subject:
I'm sure they know... they just don't want to issue another payment making the loss twice as much as it should have been.
Granted, _I'm_ not saying that they did anything wrong... just going by you stating that they admitted they did.
Posted: Fri Jan 25, 2013 03:44 am Post Subject:
I was never repayed and since then the vehicle has been reregistered and retitled, but I still remained the lien holder.
Such a generous person . . . let the world drive your vehicle for free. Why in the world did you not simply repossess the vehicle five years ago when the second payment was missed?
Posted: Fri Jan 25, 2013 04:03 am Post Subject:
I tried but they disappeared. I sued and won, but I have never been able to get any money
Add your comment