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    Tonce ponce's Avatar
    Tonce ponce Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 13, 2014, 10:13 PM
    How long before a title is clear of repo?
    If a bike goes into repo is a there a time limit in which the title becomes clear if the bike is never recovered?
    odinn7's Avatar
    odinn7 Posts: 7,691, Reputation: 1547
    Entomology Expert
     
    #2

    Apr 13, 2014, 11:47 PM
    No. Once in repo, they don't just forget about it.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
     
    #3

    Apr 14, 2014, 04:53 AM
    Call them up and give it back... as Odinn7 states... you don't get to keep it for free... its theirs.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #4

    Apr 14, 2014, 06:56 AM
    The title shows the finance co. bank, or whatever as lienholder, right? The only ways the lienholder can be taken off is either to pay off the lien, or if the bike is repossessed and re-sold.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #5

    Apr 14, 2014, 07:18 AM
    Not only will the title never clear, but the repo man will always be looking for it. No matter where its hidden.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #6

    Apr 14, 2014, 07:55 AM
    Quote Originally Posted by Tonce ponce View Post
    If a bike goes into repo is a there a time limit in which the title becomes clear if the bike is never recovered?
    If you are thinking that, some time in the future, the lienholder will be cleared off the title, then you are very mistaken. A debt never expires.

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