Legal Question in Consumer Law in Georgia

purchased used vehicle, dealer whent bankrupt.

I purchased a used vehicle from a dealership that two weeks later whent bankrupt. The finance company cannot get the title for the vehicle, apparently it is in my name but does not show them as a lien holder. I wish to return this vehicle to the finance company. I feel there has been a breech of contract since they can not get my title. I have given them a down payment and one months payment for the vehicle. I just want to end contract and will even sign whatever paper work they need to recover title for themselves.. Will I be able to do this or am I still bound to the Buyers agreement?


Asked on 12/12/07, 3:21 pm

1 Answer from Attorneys

Charles W. Field Charles W. Field, Attorney at Law

Re: purchased used vehicle, dealer whent bankrupt.

I don't think the finance company has the duty to provide your title. That is the responsibility of the seller. Contact the Trustee in bankruptcy about filing a Notice of Claim in the bankruptcy proceeding.

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Answered on 12/15/07, 8:35 am


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