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Old Aug 15, 2008 | 11:11 AM
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rj8806
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Originally Posted by importguy1208
Hey everyone, updates are as follows:

All paperwork has been filed with courthouse.

Registered letters of "Notice of Intent to File a Lien" have been mailed to Joe, his Mother Lisa, and the Credit Union.

Lawyer has been contacted

Where we are at right now is that our Lien will take 60 days to go through, at that time we will be able to petition the Credit Union for them to write-off the car as a total loss and sign the title to us, OR, pay the total amount owed PLUS 60 days of storage at $30 a day. That will be the almost $16,000 PLUS $1,800 storage. The storage fee will continue to accrue until a check or title is received.

So long story short, we will probably end up with the car. I doubt the credit union is going to cut a check for $18K+ for a car that they have financed for less than that.

As far as the BBQ, I'm going to start getting that organized over the next couple of days.

I need to know where you guys would prefer it. We can do it at Don Garlit's Museum here in Marion County OR we can do it down in/near Tampa. I would expect a better turn-out in Tampa but I am not aware of where these kinds of events are usually held down there and as such would need help securing a location.

Checking in from Allfordmustangs.com (and from East Tennessee ) for an update....

That's great news for you guys. Glad to see the ball rolling. I hope you guys can keep your financial head above water until this plays out. It sounds like the fine folks here on TR forum is going to back you up 100% and that is great. Good luck with the BBQ.