My question involves a consumer law issue in the State of: California
I purchased a car in September and secured a loan from a Bank. The Bank, for whatever reason, failed to secure its name on the title. I received the title in the mail and it is only under my name. Two weeks ago I received a letter from a dealership that I did not purchase the car from requesting that I sign the "signature releases interest in vehicle" line on the title and mail it to the dealership where I bought the car. Today the bank mailed me a letter asking me to sign the "signature releases interest in vehicle" line and mail the title to them in a self-addressed envelope. My question is...do I need to mail them the title? I originally signed all loan documents at the bank and am uncomfortable simply signing my title and mailing it off. Can't the bank show the DMV the loan documents and secure the title that way? Any help would be greatly appreciated.