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  1. #1
    Join Date
    Jul 2011
    Posts
    1

    Default Can Lien Holder on Truck Title Repo if Truck Was Wrecked

    My question involves an auto loan or repossession in the State of: Texas - I sold a truck with monthly notes of $200. The total cost of truck was $1500 plus title transfer fee I paid for to help this person. After 4 payments truck was wrecked and totaled. With verbal permission I went & picked up truck then took it to salvage yard. Collected $400 from salvage yard and out of kindness considered the truck paid in full. The buyer is now calling wanting the money from the salvage yard. Saying he is going to file on me for picking up the truck and sue me. Any suggestions what I should do to protect myself. Confused!

  2. #2
    Join Date
    May 2008
    Posts
    111

    Default Re: Can Lien Holder on Truck Title Repo if Truck Was Wrecked

    Did he file an insurance claim? Was he intending on fixing damaging and continuing to pay you or was he going to give it back?

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