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post #1 of 9 (permalink) Old 11-27-2012, 12:39 PM Thread Starter
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A Dilemma...

Ok guys, gotta vent a little. I was gonna see what options I'm looking at here. My dilemma is, the people I bought my bike off of uses the same credit union as I do, the bank had their title to the bike, ok after my paper work was complete I'm thinking that I'm good to go, get it tagged and insured. Well I get it insured and the financial rep tells me that they have to send out the actual title paper work off to their underwriters lab so I can get it tagged. They received their side but the previous owners has to sign the bike off, well I can't get ahold of the previous owners nor can the bank which means I can't ride much if at all. The bike has a tag that is good through July of 13' but it is in his name.
So am I up the creek without a paddle or what are some legal ways to go about getting the title in my name if the previous owners fall through?
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post #2 of 9 (permalink) Old 11-27-2012, 12:41 PM
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Has any money changed hands? Can you cancel the transaction if it has?


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post #3 of 9 (permalink) Old 11-27-2012, 12:45 PM Thread Starter
Puurs like a kitten..
 
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Yeah my bank wrote them a check and gave it to them in front of me, it was a shady b.s. deal now that I think about it.
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post #4 of 9 (permalink) Old 11-27-2012, 12:45 PM
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do you have a bill of sale proving you bought it?



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post #5 of 9 (permalink) Old 11-27-2012, 12:49 PM Thread Starter
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Yes I have all the paperwork of how much I paid for it, my loan papers.
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post #6 of 9 (permalink) Old 11-27-2012, 01:30 PM
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File for lost title and get a affidavit of what went on from the bank . Most state title agencies will work withyou.


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post #7 of 9 (permalink) Old 11-27-2012, 01:34 PM Thread Starter
Puurs like a kitten..
 
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Quote:
Originally Posted by BeaverPuncher View Post
File for lost title and get a affidavit of what went on from the bank . Most state title agencies will work withyou.
This being my last line of defense. I'm going to give it a week and this is what I will do. I can file all that stuff at the registration place?
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post #8 of 9 (permalink) Old 11-27-2012, 03:28 PM
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that's great if he doesn't release the title, anything that happens with that bike will fall on his shoulders.



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post #9 of 9 (permalink) Old 11-27-2012, 03:32 PM Thread Starter
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Like a speed camera ticket lol
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