theives...

[Chook-A-Holic]

Tala, you bought your truck with a title, although not a clear one and you were able to resolve the problem. Your FIL took a chance and came out on top. I don't know the laws of your state but if your FIL had been in N.C. and went to get a title to a vehicle that had been flagged stolen, he'd have some serious questions to answer to. Good idea to run the VIN before buying. It does seem that you all did some homework instead of just buying these vehicles though.

We have a big problem with stolen trailers here in N.C. Less than 1% are recovered. I can go on Craigslist and certainly almost guarantee that 1/3rd of the trailers do not have a title or factory certificate of origin. Now something is going on when most of these are factory built trailers less than 5yrs old.

The insurance against repossession is a policy protecting your FIL in case someone shows up with a legit title to the truck(ie, from another state). Basically if they want the truck, the insurance co. pays your FIL for the value of the truck. Most of the time there is also a restricted time that the title can be transferred by the policyholder. After that period of time has lapsed (3yrs in N.C.) the title is deemed clear and you may sell it.

To the OP, I have no use for liars and thieves!!! Scum of the earth!!!

Marty

 

[cassie]

I remember some poor guy being pulled over for a burned out taillight. When the cop ran the registration on the car, it came back stolen. The driver was hauled off to jail protesting all the way and he spent some time there before everything got straightened out. He had bought the car at an POLICE IMPOUND AUCTION. He had all the paperwork but no one would listen to him, or apparently read it. The computer said the car was stolen and that was all that mattered to the arreating officer.