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Finance Companies In Georgia
February 10th, 2010
Question: Can anyone help me with a Motor Vehicle Title question?
1. Car was purchased in January.
2. Dealership failed to send the Tag Information after 3 or 4 months.
3. Finance Company has NO records of the Title.
4. A Title was issued DIRECTLY to the person applying.
Therefore, it would seem like the vehicle's owners actually own the vehicle correct? How does the Finance Company stand without having a Title. Should the owners continue to pay on the vehicle? Should they get an attorney/lawyer? (if so what kind)
(Additional Information the vehicle owners live in Atlanta, Georgia.)
Answer: If The title is in the name of say, John and Mary, then John and Mary own the car and also may have the title in their hands but that does not mean that the loan company does not have lien on the car. The title should state who the lienholder, if any, is. Try missing a payment and I am sure they will hear from the loan company very fast
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