Q: Can I sue if I just found out my car title is a rebuilt title?
I bought my car 8 years ago and refinanced 4 years ago. Recently I began having problems and wanted to trade in and found out I had a salvaged title and car is worthless and I had no idea that I had a salvaged title.
The company I refinanced with has two titles somehow, one is blank other says rebuilt?
Can anything be done?
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A:
I'm sorry to hear about your situation. Discovering that your car has a rebuilt title after years of ownership can be frustrating and disheartening. Since you were not informed about the title status when you purchased or refinanced the vehicle, there may be grounds to pursue action.
First, review all the documents from your original purchase and the refinancing agreement. Look for any disclosures or lack thereof regarding the vehicle's title history. If the seller or refinancing company failed to disclose the rebuilt title, this could be considered misrepresentation or fraud.
It would be beneficial to consult with a legal professional who can assess the specifics of your case. They can advise you on the best course of action, whether it's seeking compensation or other remedies. Taking prompt action is important, so reaching out to a lawyer soon would be a wise step.
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