Payoff Amount Was Too Low Because a Payment Bounced

[borbet2010]

My question involves an auto loan or repossession in the State of: New York.

In November 2010, I purchased a car for my boyfriend, which today we are no longer together. He was with me at the time of purchase and knew full well the amount that was financed to buy the car. 7 months later, we broke up. We discussed him buying the car from me but he persuaded me to let him take it and trade it in so he could buy a vehicle in his name; thus this would rid me from the vehicle and loan. I was weary and said as long as I go with you. He took the car and signed title to the dealer a few weeks later. By surprise, he came home with a new vehicle and gave me the plates to my old car. He said he paid down money from his lavish bank account and the dealer would send a payoff check to the auto lien holder for the remaining balance owed. Something fowl happened but I had no idea. Let me explain.

It appears that before he took my car and title to the dealer to trade it in to buy his own vehicle, he accessed my online account to make a payment to my loan using my bank account. The payment was false at this point but when the dealer called the lien holder for a payoff amount, the leinholder saw a recent payment made and by so ended up releasing the lien to the dealer after the dealer sent them the payoff check. Really???? the payment WASNT even verified!!!!

Well, all the paperwork seemed in order until months later when the lien holder said a payment bounced and that i owed them a balance and they wanted to repo my vehicle. I explained the situation to them. Nothing has helped from doing so. they still want money.\

What do I do? How do I pursue clearing myself from any and all wrogndoing and debt? NEED HELP PLEASE!!!!!

[Mr. Knowitall]

Your boyfriend pulled a fast one, leaving you with the bill. Your most obvious option would be to pay the money you owe and then sue him to attempt to recover the money, assuming you can prove that he is obligated to pay the amount. It was your account so you knew that the payment didn't go through - what did you think was going to happen?