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