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03-05-2008, 02:48 PM #1
- Join Date
- Jun 2007
- Location
- nc
- Posts
- 43
white- 1998 TRANS AM
help with selling my car ...bank lost my title
i sold a car that i owed money on i told the buyer he would get the title when the bank gives it to me. the car was paid off right when his money cleared and title was sent but the bank lost the title and now its been two months and he doesnt have the title yet. he says he wants to sue me for this but i have no control on how fast the bank gets me the title. ive tryed everything to get his title faster.
what do you guys think????? i dont want to f@&k this guy.
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03-05-2008, 03:04 PM #2
- Join Date
- Feb 2008
- Location
- Delaware County
- Posts
- 41
I have had it happen, I know how you feel. Get the bank to send you a letter saying the lien on the loan has been paid off. Second, have the bank state in the letter that the title is in transit. Make a copy of the letter and send it to your buyer.
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03-05-2008, 05:16 PM #3
- Join Date
- Jun 2007
- Location
- nc
- Posts
- 43
white- 1998 TRANS AM
done that thanks for the input
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03-05-2008, 06:26 PM #4
i had that happen to me when i bought me jeep. it took 5 months to get it. about all he can do is wait.
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03-05-2008, 06:27 PM #5
The new owner should be able to request a replacement title with the letter that states tehre is no lien on the car
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03-06-2008, 07:42 AM #6
you can go down to the Division of Motor Vehicle/Registry with the letter showing the lien has been paid and request a duplicate title. (just tell them the old was lost, not that your waiting for it in the mail, or that its damaged {they'll want what's left of it} because they won't allow two titles to be out). I'm not sure how long NC takes to process this. Some states it takes 2 weeks, others I've seen it take months. (Call any auto dealer, they should be able tell the average time it takes them)
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03-06-2008, 08:10 AM #7
- Join Date
- Jun 2007
- Location
- nc
- Posts
- 43
white- 1998 TRANS AM
thanks guys
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03-06-2008, 10:21 AM #8
sounds like a bunch of bullshit,......i'd sue te bank, they have plenty of money
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