Sale of property while being held as a security for bankruptcy
I purchased a car from my nephew Oct. 2002. My nephew had purchased the car Sept. 2002 from the origninal owner. The problem began when I attempted to contact the original owner requesting the title. I was then told that the car was part of their bankruptcy and they would be getting the title in Dec. 2002. I agreed to wait until Dec. 2002. I then contacted them Dec. 2002 and was told it would be Feb. 2003....Then Feb. 2003 was told April 1, 2003. I have spent money on repair work on this car. What are my options as far as
1) Letter notifying them that I want the title by 5pm 04/01/03 or W H A T
What can I do to keep the vehicle and get the title OR return the vehicle and get ALL the money I have put in it PLUS the aggravation they have caused me?
1 Answer from Attorneys
Re: Sale of property while being held as a security for bankruptcy
Get your money back from your nephew. Without legal title, your nephew is in no position to transfer the title to a car. In point of fact, I doubt your nephew could claim ownership to the car without ever having possessed the title.
Related Questions & Answers
Chance of clemency or leniency My brother was convicted of statutory rape(without... Asked 2/25/03, 6:07 pm in United States Mississippi Criminal Law
Police search do the police have the right to search an unoccupied car if the owner... Asked 1/17/03, 11:19 am in United States Mississippi Criminal Law
Drug Charges i have a relative who is now in jail in mississippi. he is being... Asked 12/02/02, 7:41 pm in United States Mississippi Criminal Law
How can this be proper ? Last year my 21 year old son was arrested and charged with... Asked 11/14/02, 10:51 pm in United States Mississippi Criminal Law
Possession of Stolen Property If one individual has purchased an item from another,... Asked 10/11/02, 3:22 pm in United States Mississippi Criminal Law