A friend of mine bought a motorcycle several months ago, took out a loan and never sent the title to the bank. The bank called him a few times asking for it, but has since stopped.
Is there anything the bank can do if he never sends the title in? I assume there must be something, otherwise everyone would probably keep their titles. Thanks!
Motorcycle title/bank question?
You would have to look at the details of the loan. I would imagine that since they do not have title, they could not come repossess the bike but they may call the loan and require it be paid in full.
Mike
http://www.motorcycle-touring-made-easy....
http://www.twowheeltannery.com
http://www.gwrradea.org
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