My car burst into flames today, the Tarantino kind fireballs and all. The tow company (which also is a salvage yard) wants to charge me $260 for the tow and $30 a day to hold it there until I get a replacement title from the BMV (which was burned in the fire.) They said they can't scrap it until they get that title, but it would be more money than the car is worth to go down this road.
If I have a completely obliterated car, is it possible to just let this towing company keep the car without having to apply for and give them a title? Will they just ignore the formalities and scrap it eventually, or will I get some bill in the mail/ruined credit if I just let this go?