Who's Liable

[Kristen99]

What is the name of your state (only U.S. law)? Texas
In July My car got repossessed, while at the tow yard my wedding ring was stollen out of my car. The owner of the tow yard looked at his video feed and saw his employee take the ring from my car. My ring has still not been recovered and bank is telling us that we can't do anything because when the car was towed the bank legally had ownership of my car. Who is legally liable for my rings replacement the Employee the tow yard or the bank?

 

[TheGeekess]

What is the name of your state (only U.S. law)? Texas
In July My car got repossessed, while at the tow yard my wedding ring was stollen out of my car. The owner of the tow yard looked at his video feed and saw his employee take the ring from my car. My ring has still not been recovered and bank is telling us that we can't do anything because when the car was towed the bank legally had ownership of my car. Who is legally liable for my rings replacement the Employee the tow yard or the bank?

I'll take Door #4 and say OP (aka you, yourself).

 

[Proserpina]

What is the name of your state (only U.S. law)? Texas
In July My car got repossessed, while at the tow yard my wedding ring was stollen out of my car. The owner of the tow yard looked at his video feed and saw his employee take the ring from my car. My ring has still not been recovered and bank is telling us that we can't do anything because when the car was towed the bank legally had ownership of my car. Who is legally liable for my rings replacement the Employee the tow yard or the bank?

One quick question. Well, two actually.

1. What exactly did the video show?

2. Was there a police report?

And why haven't you acted until now?

 

[Kristen99]

One quick question. Well, two actually.

1. What exactly did the video show?

2. Was there a police report?

And why haven't you acted until now?

The video showed the employee taking a ring from my car and putting it in his pocket and upon further investigation the owner discovered that employee has been doing that for a while. There is a police report. We have been gong back and forth with the bank and the tow yard since July the bank is telling us they have to take the employee to court since they had possession of my car at that time and the tow yard owner does not want to take responsibility for his employee

 

[quincy]

The video showed the employee taking a ring from my car and putting it in his pocket and upon further investigation the owner discovered that employee has been doing that for a while. There is a police report. We have been gong back and forth with the bank and the tow yard since July the bank is telling us they have to take the employee to court since they had possession of my car at that time and the tow yard owner does not want to take responsibility for his employee

Your ring was insured, wasn't it? Report the theft to your insurance company.

 

[justalayman]

the person that took the ring is liable for your loss. If this video shows as much as you claim it does, the person to seek compensation from is that employee. I have no idea what the bank is talking about. Whether you still had ownership of the car (which you likely did anyway) or not is irrelevant. The bank does not have a right to ownership of the property within the vehicle.

So, sue the employee you claim stole the ring.