What is the name of your state? Colorado
I recently purchased a motorcycle in Colorado. I financed it through the bank and "they" handled all the title work. Apparently, the second owner of the morotcycle never titled it in his name (it was signed over to him) so the tranferred title from the first owner to the second owner then to me (3rd party). The bank did not flip over the title to examine it. (Their fault) They cut him a check and he was on his way.
2nd Part: Since the second owner did not title it in his name he did not pay taxes on the vehicle. I called him along with my bank and asked him to pay taxes. He fought with us until the previous dealer who sold it too him (it was on consignment) verified that he never paid taxes. After numerous phone calls from me and my bank. The bank also sent him emails demanding he pay taxes on the bike. They also needed a signed power of attroney to pay the taxes under his name and then tranfer title over to me.
After 60 days of arguments he claimed he paid them and mailed it to the bank 2 weeks ago. (Not sure how he did this without the title that my bank has).They still have not recieved the paperwork proving he paid the taxes. We are not sure how he could of paid the taxes without the title. Also the taxes are dictated by the county so we do not know where he claimed to pay the taxes or the amount. I cannot verify this either. He refuses to take my phone calls and told me to speak with his attorney because of my banks threatening emails. Is this a small claim court issue? Can I hire an attorney to on a retainer (or paying him based on the winning the case) so I do not have to front the money?
Here's what needs to be satsified;
1) Unpaid Taxes
2) Power of attorney so the bank can tranfer title from him to me.
Thanks for the advice.
I recently purchased a motorcycle in Colorado. I financed it through the bank and "they" handled all the title work. Apparently, the second owner of the morotcycle never titled it in his name (it was signed over to him) so the tranferred title from the first owner to the second owner then to me (3rd party). The bank did not flip over the title to examine it. (Their fault) They cut him a check and he was on his way.
2nd Part: Since the second owner did not title it in his name he did not pay taxes on the vehicle. I called him along with my bank and asked him to pay taxes. He fought with us until the previous dealer who sold it too him (it was on consignment) verified that he never paid taxes. After numerous phone calls from me and my bank. The bank also sent him emails demanding he pay taxes on the bike. They also needed a signed power of attroney to pay the taxes under his name and then tranfer title over to me.
After 60 days of arguments he claimed he paid them and mailed it to the bank 2 weeks ago. (Not sure how he did this without the title that my bank has).They still have not recieved the paperwork proving he paid the taxes. We are not sure how he could of paid the taxes without the title. Also the taxes are dictated by the county so we do not know where he claimed to pay the taxes or the amount. I cannot verify this either. He refuses to take my phone calls and told me to speak with his attorney because of my banks threatening emails. Is this a small claim court issue? Can I hire an attorney to on a retainer (or paying him based on the winning the case) so I do not have to front the money?
Here's what needs to be satsified;
1) Unpaid Taxes
2) Power of attorney so the bank can tranfer title from him to me.
Thanks for the advice.