Hi everyone,
Just thought I'd run it past the members here on what their take is on my situation.
I was discharged in 11/2009 and I requested my vehicle be surrendered.
The vehicle isn't and hasn't been running for over 6 months. This is the reason the bank won't come and repossess the vehicle. I could have lied and just had them come and pick it up but I did tell them the car was inoperable, hence my giving it up in BK.
The bank is refusing to come get it and refusing to release title to me unless I make some kind of offer on the vehicle. I was asked to provide a mechanic's report and make an offer on the vehicle so they could release title to me. I still owed a little over $2000 and it's going to cost over $3000 to fix the vehicle.
Does the bank have the right to hold me hostage to this vehicle? Not sure what to do. I've spoken with my attorney and he's never heard of a situation like mine.. but advised to send the requested paperwork and see what happens from there and give him a call as to what the outcome with the bank is.
What to do? unsure:
Thanks to anyone that can offer advice
Just thought I'd run it past the members here on what their take is on my situation.
I was discharged in 11/2009 and I requested my vehicle be surrendered.
The vehicle isn't and hasn't been running for over 6 months. This is the reason the bank won't come and repossess the vehicle. I could have lied and just had them come and pick it up but I did tell them the car was inoperable, hence my giving it up in BK.
The bank is refusing to come get it and refusing to release title to me unless I make some kind of offer on the vehicle. I was asked to provide a mechanic's report and make an offer on the vehicle so they could release title to me. I still owed a little over $2000 and it's going to cost over $3000 to fix the vehicle.
Does the bank have the right to hold me hostage to this vehicle? Not sure what to do. I've spoken with my attorney and he's never heard of a situation like mine.. but advised to send the requested paperwork and see what happens from there and give him a call as to what the outcome with the bank is.
What to do? unsure:
Thanks to anyone that can offer advice
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