Legal Question in Credit and Debt Law in Illinois

Truck Title

The credit union that my truck was finaced with signed the title and sent it to me saying it was a clear title that no loan was on this truck. All I did was refinanced the truck but now that they sent the title and signed off on it is it mine? If the loan was set up for an auto loan and they dont have the title anymore am I still responsible for paying this loan?


Asked on 6/12/07, 10:38 am

1 Answer from Attorneys

Thomas Moens Moens Law Offices, Chartered

Re: Truck Title

Yes, you no doubt signed a promissory note obligating you to make payments.

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Answered on 6/12/07, 6:01 pm


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