Cape Coral, FL asked in Collections for Florida

Q: Need help with a car title issue

The title is held by a loan company in Wisconsin. The last payment, before default, was made in January of 2014. Since then, I moved to Florida. The loan company contacted me by mail at my Florida address a few times threatening to repossess the car unless I paid off the loan. The amount they wanted was ridiculous so I ignored it, assuming they would take the car and we would be done but they never did.

Now the vehicle is nearing the end of its life and I'm trying to figure out what I'm going to do when it dies. I have noplace that I can park a non-running vehicle for even one day and, from what I can tell, I can't legally dispose of it.

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1 Lawyer Answer
Terrence H Thorgaard
Terrence H Thorgaard
Answered
  • Freeeport, FL
  • Licensed in Florida

A: If you were to park it somewhere so that it would be towed, the towing company would have to take care of the problem. Presumably they will send a bill to the loan company and, if the bill is not paid, they would auction it off.

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