v-star
Sep 19, 2007, 05:24 PM
Hi all
I am in a bit of a quagmire here. I bought a motorcycle and I find out 2 years later that the bike has a lean on it. I bought the bike from a dealer in Ontario, and have a bill of sale that indicates it is free and clear. I have also put plates on this bike for 2 years, but when I contacted the repo place, they told me that the bank can still take the bike back. They say I can't do anything about it. They said they are trying to get the other owner to pay the dept but I can not do anything with the bike. I can't sell or trade it in because it does not have a clear titled. So my question is what can I do now. Just sit and wait?
I am in a bit of a quagmire here. I bought a motorcycle and I find out 2 years later that the bike has a lean on it. I bought the bike from a dealer in Ontario, and have a bill of sale that indicates it is free and clear. I have also put plates on this bike for 2 years, but when I contacted the repo place, they told me that the bank can still take the bike back. They say I can't do anything about it. They said they are trying to get the other owner to pay the dept but I can not do anything with the bike. I can't sell or trade it in because it does not have a clear titled. So my question is what can I do now. Just sit and wait?