Vette Repossession

[582Boat]

I sold my Vette to a gentlemen that gave me a good down payment and even put my name on the title as lien holder. Now he is in financial problems and is not able to make payments. I have the car in my posession and I have the title. Does anyone know just how to go about getting the title changed back into my name, without going to a lawyer.

 

[KANE]

I sold my Vette to a gentlemen that gave me a good down payment and even put my name on the title as lien holder. Now he is in financial problems and is not able to make payments. I have the car in my posession and I have the title. Does anyone know just how to go about getting the title changed back into my name, without going to a lawyer.

If you are on good terms with the gentlemen, I think you should be able to just have a title transfer completed at your DMV, county clerk, or tax office.

He probably wants to end things without a lawyer too. He'll most likely cooperate with you if he knows it will be resolved without lawyers of his credit!

 

[gmjunkie]

I'm not completely up with the currant law in Florida,but we used to fill out a Certificate of Repossession at the DMV,Pay a Title fee and then they would take care of it!Thats still the way we do it in NC!!

 

[blacksharkL82]

Maybe his problem is short term and he wants the vette again.
Ask him. Then, you could "hold it" for him, for a while.
Will not hurt to ask him, will it?
Sometimes, a short brake in the action of life allows for a regroup of life and he will rebound. Maybe!