On 12/3/10, John Sessoms, discombobulated, unleashed: >I have an elderly relative, in very poor health, who can no longer drive >and I have been tasked to dispose of her automobile & pay the off the >loan. I have power of attorney for that transaction. > >Citizens holds the lien. I found a buyer and obtained a "10 day payoff" >from Citizens, which was tendered by the buyer in the form of an >Official Check from their bank, IAW Citizens instructions. > >FedEx overnight letter received and signed for by Citizens first thing >the next morning. > >Citizens accepted the payment, but now refuses to release the lien or to >return the payment. > >I'm possibly going to have to reimburse the buyer out of my own pocket >and sue Citizens to recover. > >I just had to have somewhere to let my feelings out. I spent the day >yesterday driving up to see my relative who was hospitalized just about >the same time I was posting on Wednesday. > >I no longer have steam coming out of my ears this morning, although I'm >still mad as hell. My blood pressure is up again just in the time it >takes to write this.
Not very sporting of them. If I had to do same over here, I would just sell the car, get the payment, ring up the car loan lender, as for a settlement figure, transfer the money, job done. I know nothing is ever that easy, but I have an inbuilt distrust of corporate finance and always hedge my bets with them.... -- Cheers, Cotty ___/\__ || (O) | People, Places, Pastiche ---------- http://www.cottysnaps.com _____________________________ -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
