I had my saloon stolen and the title is under a company I consoladated and other credit card debts next to the company. I signed a affidavit from the car insurance company, and it asked me something like my title so I told the truth and wrote that the title is with the company I consoladated my debt. The debt is immediately under $5,000 from $12,000. What I want to know is will I get hold of the cash efficacy of the car even though I wrote down the consoladation company? The company say now it is a personal loan.
Answers: If the loan company in actual fact has a lien on the coup¨¦, you will have to reward off the lien. The insurance check will probably come contained by your name and the loan company's term. You will have to help it and then convey it to the loan company.
It is really a bad hypothesis to consolidate all your debt, including the sports car loan, into one loan. Basically, they can hold the lien on the car till the entire loan is rewarded in full. This could be a big problem if your insurance company wishes that title.
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Answers: If the loan company in actual fact has a lien on the coup¨¦, you will have to reward off the lien. The insurance check will probably come contained by your name and the loan company's term. You will have to help it and then convey it to the loan company.
It is really a bad hypothesis to consolidate all your debt, including the sports car loan, into one loan. Basically, they can hold the lien on the car till the entire loan is rewarded in full. This could be a big problem if your insurance company wishes that title.
Resolved Questions: