After I bought my Z, the state accidentally sent me the title to it, instead of the lien holder. My lien holder called about it, so I sent it to them. I was just wondering, if I was made of impure moral fiber, could I have taken advantage of having the title sent to me (title was in my name)? To be clear, could an unscrupulous person who hasn't paid off the lien holder just keep the title and stop making payments? Just curious.

I'm willing to bet this happens sometimes and the lien holder's attorney would deal with it quickly and with little trouble.

 

I think you would need supporting evidence on how you became the owner of the vehicle and where your funds came from. If you could prove you are without a doubt the owner and its fully paid for then I doubt their attorney's could do anything about it. However I don't believe you could muster up enough evidence

 

no they have signed documents of the lien. they can get another title very easy.

 

Rosko-
Your loan paperwork would specify that the car was used to secure the loan.
You'd still be obligated to pay the "note" you signed (loan papers). The Lender just wouldn't have the car as security for the loan. I wonder how long it would take them to catch on?

Bruce

 

No. Just make some grief for lien holder & eventually yourself.