Posted: Thu Sep 18, 2008 11:00 am Post subject: Lein holder issue
(I received the following two questions in my in box from "Anthony" however he isn't registered so I cannot respond to him privately)
Quote:
Hey lori, i got a question that could relate about a question you already answred but could you help me out PLEASE!! I got into a wreck and it was another person fault ... (LONG STORY SHORT)A buy here pay here, I have a lienholder and owe about $5,800, the insurance cut the check($4,000) and already talked to my lien holder ... i had GAP PROTECTION and had the car for 1 year ... left with $1,800 and thus being that the so called GAP PRO PLAN ONLY COVED THE LEFT OVER ... Forgive me but Getting screwed and left without a money or a car ... now a have "PAIN AND SUFFERING" amount of money but im trien to get VERY VERY VERY EVEN with my lienholder ... now on a question that i read early ... Is the car mine after i talk and sign papers with the lienholder???? And could the car be mine??? Is there any other way of besides my pain and suffering money to deal with the lienholder ... A lawyer or somthing ?? and What is paid off ?? What does that cover with a lienholder ... PLEASE ME HELP, PLEASE!!
Quote:
help me please lori with a car wreck lien holder question
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Anthony, I'm not clear in your question...Your car is now paid off free and clear correct? But did the insurance not keep the car? Or did you owner retain it? Doubt that your GAP coverage would have paid if you owner retained...so if that is the case then the insurance company now owns the car and will sell it as salvage...If for some reason you still have it, and it's paid off then you should have in your possession a cleared title, meaning no lein holder attached....Not sure what you want to get even with the car dealer about...you bought the car right? over paid, and probably had very high interest...so I'm not sure what you want to do there...Please explain that better for us. _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
