Re: Paid Cash for a Car With a Lien in Default
I can't help you on the legal side, but...
Is it a 5.0L V8 or a 4.0L 6 cylinder? If it's a 5.0L, the motor will bring a few hundred dollars to Mustang guys. Cut the convertors off and scrap them for the platnium. Scrap the battery for the lead, the radiator, condensor, etc. for aluminum/brass. If the wheels are aluminum, scrap them too. Just the special metals should get you several hundred dollars and the engine will be ~$500 if a V8. The heads are GT40s and the intake is the same as a '93 Cobra intake. You could get $100-150 for the just intake and probably ~$200 for the heads alone. Offer the shell to a junkyard that specializes in trucks or Fords. They mainly want the doors/fenders/headlights/core support anyway. You should be able to part it all out and get your money back or get very close.
Insurance Adjuster - Auto Property Damage