I am an employee of a very small used car dealership, and we also finance cars ourselves. One of our customers is in default of the loan (stopped paying) and we got a letter from the Missouri (we are in Iowa) DOT saying she registered the vehicle there. We have no address, no contact information, and unsure of our legal rights. Can we report the vehicle stolen? The title is in her name but we are listed as lienholder. She isnt even 1/3 way through her payments yet.
Thank you, any websites, sources, or suggestions would be helpful.
2006-10-24
07:14:05
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3 answers
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asked by
kassandraleche
1
in
Buying & Selling