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    snshugs12's Avatar
    snshugs12 Posts: 1, Reputation: 1
    New Member
     
    #1

    Jan 28, 2008, 05:07 AM
    Car Lien
    I bought a used car a little over ten years ago, and defaulted on the payments less than a year later.

    So it's been 9 years, and the bank never reposessed the car. However, I am stuck with the car as the bank has a lien going back to the purchase, and holds the title.

    I am in the state of NY. What are my options for getting rid of the car?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
     
    #2

    Jan 28, 2008, 05:24 AM
    Park it, dump it, whatever if you don't want it because you can't sell it without the title.
    George_1950's Avatar
    George_1950 Posts: 3,099, Reputation: 236
    Ultra Member
     
    #3

    Jan 28, 2008, 08:22 AM
    Take the car to the bank and park it.
    wolfcandy2's Avatar
    wolfcandy2 Posts: 106, Reputation: 3
    Junior Member
     
    #4

    Jan 28, 2008, 08:24 AM
    AS George so very honestly and eloquently said Take it to the bank and Park it

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