Surrendering vehicle?

[DebtZombie]

haha, just found this for Colorado:
Right to Cure
Those who get a "right to cure" letter should take immediate notice. The vehicle is in default at this point and Colorado law gives the individual 20 days to get the loan in good standing. If there has been no dialog with the lender, this is time to begin. Those who have received one of these letters in 12 months should take care not to get behind again. No second letter is required before repossession takes place.


Read more: Colorado Repossession Laws | eHow.com http://www.ehow.com/about_5095635_co...#ixzz18mSNBA3n

[doomed]

Anyone have any thoughts on the new situation? It turns out the bank has no lien on the car. So the trustee gets it? Our 60 days were up Nov 30.

[doomed]

Anyone? Sometimes I think my attorney is trying to become BFF's with our trustee. He said that the trustee was supposed to run a title search on both of our vehicles but he can still go to court and get that reversed. Why does he even need to know at all, he failed to do his job if he didn't do a title search and gave up the asset. Ugh.

[tcreegan]

Hi again doomed,

They lost the Title (said we have it??!?!) and converted it to a signature loan right before we filed, which was discharged.

Did the trustee file a report of no distribution and some kind of "I'm done here" document? And, even better, did they file a "abandoned assets" report?

If they did, being past discharge I think you ended up with a car.....

Tom in Colo

[doomed]

Hi again doomed,

They lost the Title (said we have it??!?!) and converted it to a signature loan right before we filed, which was discharged.

Did the trustee file a report of no distribution and some kind of "I'm done here" document? And, even better, did they file a "abandoned assets" report?

If they did, being past discharge I think you ended up with a car.....

Tom in Colo

Tom, he didn't -- we're an asset case and he just made us hand over our savings and waiting to be told to hand over my husbands last paycheck, and then our taxes in the spring, so guess not

[drowning123]

I didn't get any notice. I got a knock on the door at 2:30 AM. So glad it's gone. No more anxiety.

[doomed]

I didn't get any notice. I got a knock on the door at 2:30 AM. So glad it's gone. No more anxiety.

Drowning, we found out the bank doesn't "own" the car anymore, so now we're trying to figure out where we go from here.

[JvilleGarden]

We are a Santander borrower, too. We owe about $10,000 on our 2004 Trailblazer, and have heard nothing from them. We live in Florida, and received the report of no distribution from the trustee along with our discharge. We're waiting to hear from the lender. We'll see how it goes.