Can I file for a lost title in my situation?

Question

I purchased a 97 escort in the year 2000 for $10,000. placed on 5 yr payment plan of $243.00 per mo. At the end of my 5 yr period in the year 2005. I contacted Arcadia to ask them to send me the title because I thought the car was paid off. Come to find out, my account was no longer through arcadia, it was through citi bank now. THey informed me that I still owed around $3600.00 for the car, I told them that was impossible and asked them to send me an itemized list of all my payments towards my car. They sent it, & when I added up all the payments I had made in the last 5 years, it all added up to a shocking $18,000. that's $8,000 more than what I purchased the car for. and yet they still want more money from me. they claimed it's interest and late fees I owe. I told them 2 years ago that i will not pay them another dime & if they want they can come get the car, they never came for the car. and I have not heard from them since. so i want to know if i can file for a lost title.

Answer 1

It isn't lost, there's a lien on it and you'd have to get that released. If Citibank has documentation on why you owe the money, then they can keep title to the car. You might have to consult a lawyer to get this mess sorted out.