WORLD Law Direct Forums
Home > WORLD Law Direct Forums > BUSINESS & FINANCE LAW > Other Business & Finance Law Issues > Credit Cards, Banking, Securities > car loan - bank yet to register my name on car title even installment have been made.

car loan - bank yet to register my name on car title even installment have been made.

This is a discussion on car loan - bank yet to register my name on car title even installment have been made. within the Credit Cards, Banking, Securities forum, part of the Other Business & Finance Law Issues category; hi, i'm shahrul. i've a question concerning the bank responsibility in changing previous car owner's name to my name on ...

Consult Your Own Personal Lawyer Now!
Reply

 

Thread Tools Search this Thread Rate Thread Display Modes
Old Oct 20th, 2008, 07:49 AM   #1
shahrul
Guest
 

shahrul's Avatar
 
Posts: n/a

Default car loan - bank yet to register my name on car title even installment have been made.

hi, i'm shahrul.

i've a question concerning the bank responsibility in changing previous car owner's name to my name on car title.

2 months ago, i bought a 2nd hand car from a car dealer. i had submitted all the necessary documents (i.e salary slip, bank book etc) to the dealer for them to liaise with the banker to process my car loan application.

2 weeks after, my loan application approved and i got the car n now i'm preparing paying the 2nd installment.

However, recently i noticed that, even a 1st installment had been made, the banker have yet register my name (to replace the previous car owner's name) on the car title.

It left me with lots of risk. imagine if something happen to that car (being stolen or whatsoever), i couldnt claim a single cent for that lost.

so, i'm seeking your advice if i could make any legal action on that bank and whether my action is right or not?
  Reply With Quote
Old Oct 20th, 2008, 01:38 PM   #2
Unregistered
Guest
 

Unregistered's Avatar
 
Posts: n/a

Default Re: car loan - bank yet to register my name on car title even installment have been made.

You could yes but call the dealer and the bank president and complain and frankly they will likely resolve ASAP.
  Reply With Quote
Reply

Bookmark & Share

Tags
None

This thread has 1 reply and has been viewed 982 times

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

| More

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Format Your Messages
Add Forum to Google Toolbar
Forum Jump

Similar Threads

Thread Thread Starter Forum Replies Last Post
How do I register the car Unregistered Other Business & Finance Law Issues 1 Jul 31st, 2009 08:12 PM
Car Title Unregistered Miscellaneous Topics 0 Jun 15th, 2009 10:00 AM
Car Dealer/Car Loan Upside Down Help jplp5886 Miscellaneous Topics 0 Mar 1st, 2009 07:29 PM
getting name off a title for a car Unregistered Miscellaneous Topics 1 Jun 3rd, 2007 02:06 PM
car title joramon Miscellaneous Topics 1 May 26th, 2007 10:51 AM


Powered by U.S. Legal Forms


All times are GMT -5. The time now is 06:22 PM.