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Ok I put a fully paid for used car in my name for someone so the car is paid for and everything is in my name. I moved out of state (MD) and this idiot ends up getting arrested and the car got towed. I heard this from a friend of his who is trying to help him because he is still in jail and may stay for a very long time.
Now my thing is I wanted the car out my name anyways, I dont want it either. Now the girl is telling me that the towing company will auction it off in maybe 2 weeks. So my question is what is the best thing to do? Just let them auction it off because then it will be out of my name and whatnot. But will that look bad on me somehow? Or should I just release the car to the girl and sign it over to her like she wants me to? Either way Im just looking for the car to be out of my name without making me look bad. All suggestions are welcome!

2007-04-29 10:04:46 · 1 answers · asked by saveamonkey 1 in Politics & Government Law & Ethics

1 answers

You seem to be saying that you have a vehicle titled in your name and it belongs to somebody else.

1. Because it actually belongs to the guy in jail, you could put through the transfer of title to that person, or if he would give you written authorization, you could transfer it to the girl.

2. The towing company has a right to sell the car to recover on their lien for storage. If you do nothing, apparently the car will be sold.

What does your CONSCIENCE tell you should do? We are speaking here about FAIRNESS. Wouldn't it be fair to transfer the title? We are talking about "equity and good conscience." Basically, you have legal title because the guy asked you to have the vehicle titled in his name. He does have an "equitable" interest in the car because he paid for it.

2007-04-29 10:34:10 · answer #1 · answered by Mark 7 · 0 0

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