Archive for August 10th, 2007

Man loses title, but can’t ditch car

Friday, August 10th, 2007

Dear Terry,
After bankruptcy, my car was returned (on paper) to the finance company that held the title and the loan was written off. The bankruptcy case is over and everything has been settled.
The car is no longer registered or insured by me and I was told the finance company would pick it up soon. It has been sitting in my garage for four or five months. I called and they said they don’t know what to do since in most cases they just refinance the car with the original owner. I cannot drive it to them since it is neither registered or insured. (more…)