by winniechamberlain » Mon Aug 31, 2009 05:26 pm
Repoed a veheicle, we require cust. to carry full cover ins., damages to vehilce clld customers ins to start a claim. they sd claim paid solely to custmer 2 mnth ago. We are listed on the ins policy and with the state of Texas as lien holders. Do we have any recourse with the insurance comapny?
Posted: Wed Nov 10, 2010 04:53 pm Post Subject:
You have every right to repossess the vehicle AND sue your daughter for any loss that occurs between what she owes, including unpaid interest, and what you sell the vehicle to someone else for (depreciation not a factor since the obligation is the note you had her sign).
OOPS! You don't have a NOTE, you have a verbal agreement. Although a verbal agreement can be a binding contract, guess what will happen when you appear in front of Judge Judy on TV? You'll tell your story, and show your evidence (the emails), as you've done here, and your daughter will lie and say the car was a gift from Mom and Dad, and the money you paid was for something else entirely. And Judge Judy gets to decide who's the bigger liar (not to call you a liar, by any means . . . there's probably only one in this instance, right?).
Nevertheless, Judge Judy is going to shred you in public for not putting anything in writing, then she's going to humiliate your daughter in public for lying and treating her parents so badly. Then she'll leave the "courtroom" for a commercial break and come back in 60/120 seconds and render her decision. (And don't even think of involving your husband, because Judge Judy will hate him, like she does all men, and it could hurt your case.)
When she returns, she will announce that you "won", and the producers of the show will pay you and your daughter for your appearance on the show (if your case comes to their attention and is selected -- it's actually a good one for TV ratings). And you and your daughter may never speak to one another again, and you'll never get to see your future grandchildren.
In any other small claims court -- you'd have to file WHERE SHE LIVES!! -- you'll probably win, too, but you will lose more than you win . . . time and money to make your claim, travel and lodging to appear at trial, and then never collect anything from your deadbeat daughter even though you have a judgment. And she'll still not speak to you for a long time. And you might not get to see your grandchildren grow up.
If you simply repossess the car, she'll be mad, she might even call and yell and scream over the phone -- pretty "safe" exchange there, since it's not face-to-face -- but she'll be without a car at your expense. Life will become her responsibility, and she'll eventually come home to apologize -- when she wants you and Dad to pay for her wedding. Things will be better (but she still might be a deadbeat), and you'll get to spoil your grandchildren and teach them how to get the money from your daughter to get even with her after all those years -- Payback's a B****!! And revenge is sweet.
So repossess the car, sell it, take your lumps, and do your own humiliation of your daughter on her FACEBOOK page -- she probably has one of those, too.
And wait for her anger to subside. It will. And prepare to enjoy your grandchildren.
Posted: Thu Feb 17, 2011 11:34 pm Post Subject: Copy of Title
I have a motor home and need a copy of the title for my records. Called the lein holder and was told that we could not have a copy of the title. Why not and is there a law preventing it?
Posted: Fri Feb 18, 2011 05:57 am Post Subject:
I have a motor home and need a copy of the title for my records.
If you do not have clear title to the vehicle, the lender will not provide you with a copy, and is not under any requirement to do so. Your vehicle registration provides documentation of anything you would need for "your records" -- it tells you that you are the registered owner, and that your lender is the legal owner. What more would you need?
Posted: Thu Mar 24, 2011 08:04 pm Post Subject: Lien Holder
We are a small buy here pay here business in texas. As lienholders of a vehicle, what can we do to a person that has faulted in their account when we can't find the vehicle. Can we place a hold on their registration.
Posted: Sat Mar 26, 2011 06:36 am Post Subject:
You may have to hire a PI/skip-tracer to locate the vehicle and repossess it for you. You already have a lien on the title, but there is nothing you can do to stop the vehicle from being registered. At least when the vehicle is registered, you'll have information about where it is being garaged.
Posted: Fri Apr 22, 2011 05:09 am Post Subject: tod
i took care of a man for years and he just reciently died. he left his vehicle to me. i am even on the title as the tod. but i am not family and his family is trying to keep the vehicle away from me is this legial in the state of missouri for them to withhold any items that were tod to me. he did not have a will.
Posted: Fri Apr 22, 2011 05:11 am Post Subject: tod
i took care of a man for years and he just reciently died. he left his vehicle to me. i am even on the title as the tod. but i am not family and his family is trying to keep the vehicle away from me is this legial in the state of missouri for them to withhold any items that were tod to me. he did not have a will.
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Posted: Fri Apr 22, 2011 05:37 am Post Subject:
You already have legal ownership on title. There is nothing you can do concerning the registration. You need to hire a skip-tracer to locate the vehicle, and then someone to repossess it for you.
Posted: Tue Aug 16, 2011 05:14 pm Post Subject:
Posted: Tue Aug 16, 2011 05:20 pm Post Subject:
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