Legal Question in Banking Law in Georgia
I bought a truck. I got a title sent to me with no liens list on it. The dealership says I have to surrender the title and have a new one made with a lien holder on it. I am paying the loan. Do I have to surrender the title because of their mistake?
Asked on 3/24/14, 3:39 pm
2 Answers from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
If you don't expect the dealer or lender to sue you for the entire debt, as you have failed to give them a security interest as you agreed to do.
Answered on 3/24/14, 3:44 pm
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Yes. If you fail to do so, expect a law suit. Hurry and act before you get sued.
Answered on 3/24/14, 4:11 pm
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