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Old Aug 11, 2008 | 10:33 PM
  #368 (permalink)  
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hombredelassrtas
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Originally Posted by TheLawyer
Whats funny is ur right and sad thing is it applies to as well.. What will happen is 2 separate liens will be placed on the title.. The banks as well as urs.. If u keep it you wont be able to sell it legally since u don't have the banks lien statsifed.. This is very complicated.. Now this is what i propose.. Start applying storage fees to the car in which case the bank will not shell out the money for it and then they will just write off remaining amount of the car onto the mother.. And then part the car out since without the lien being statsfied u will be unable to sell the car..
not a bad plan at all. seems solid
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