My question involves an auto loan or repossession in the State of: MS
My vehicle was repo'd 2 months ago...It was then sent to auction and sold...I have a clear title to the vehicle...The lein was never recorded...I got a deficiency letter yesterday, stating the amount of sale and def. balance...
1) How are they able to sale it without title?
2) I thought the only way to get a title to the vehicle was by either a POA or title receipt?
3) What can I do to get the def. balance reduced or voided?
I never signed a POA, and the lein was never perfected...I never signed a security agreement....It as an internet loan through Cap One, and all I did was sign the check....Now I don't dispute the loan, I dispute thier ability to sale the collateral....Am I wrong?
Thank you in advance.