Originally Posted by MEMRACING62
IF THE CAR STILL HAS A LEIN ON IT , ISN'T THE BANK STILL THE OFFICAL OWNER OF THE CAR? WOULDN'T SELLING SOMETHING THAT YOU DONT OWN BE A CRIME?
Yes if the bank wants to make an issue about it because the seller has made statements that he has received funds for it and is demanding the $1,000.00 be paid. Let us not forget the thing we all love most, paying the IRS. Wow now it would be a bad thing if the person who bought the car was able to provide the IRS the bill of sale and see if the seller claimed it as income at the end of the year. Remember this is cash sale for profit and has to be reported. Awww and the state who lost the taxes from the $13,500.00 sale...
I think I would keep calling the buyer all the bad names I could think of and post as many things about the sale I could only to have them used against me later. Remember anything you post in public can and will be used against you