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#1
10-17-2007, 05:57 PM
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Creditor won't provide titleWhat is the name of your state? Mississippi We purchased a truck from one of our suppliers and made monthly payments to that company. The truck was paid for in full by 12/27/2005. In January, 2006, we purchased about $11,000.00 worth of supplies from this company but we went out of business shortly thereafter and could not repay them immediately. We worked out a payment schedule with them and faithfully make those payments each month. Our dilemna is that they will not send us the title on the truck and are using it as collateral for this debt. Can they legally do this and do we have any recourse? Thank you, Debbie |
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#2
10-17-2007, 06:01 PM
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| Why didn't you get the title in December? More details please.
__________________ It is our unanimous opinion that you are damn right and it should be obvious to any moron that your (ex) (SO’s ex) (boss) (landlord) (local police) should be immediately (jailed) (fired) (reprimanded) (arrested) (demoted) (shot) (evicted). In fact, you are so astonishingly correct in this matter, it will not surprise us one bit if you are offered a generous settlement, because, by golly, that’s just how it should be. You Rock, Love, Us Last edited by Shay-Pari'e; 10-17-2007 at 06:03 PM. |
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#3
10-17-2007, 06:04 PM
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| We moved shortly thereafter and sent a letter twice requesting the title be forwarded immediately. Thus far, we have received nothing. |
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#4
10-17-2007, 08:53 PM
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| No they can not hold the title as security for the debt if they are seperate issues. |
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#5
10-18-2007, 09:19 AM
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| Thank you so much for your response. That was my thought but I appreciate the affirmation. Debbie |
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