lil charlie
Registered
Hero,
If they are collecting assets you are not being sued, you have already been sued and lost. Assets are not collected prior to judgement no matter what state you live in. The best thing you can do to get your back bike right now is use your prior pain in the butt case about the stolen frame against this new bank collecting your assets. They can only take what is rightfully yours and since you have another bank claiming rights to your frame and bike, the ownership of your bike is in question.
Take all the paperwork from the original pain in the ass bank and call this new bank and show them how they just took a bike that has a stolen frame and may not belong to you, dint say doesn't belong because you then just admitted that ownership in fact does belong to the first bank and they will take it. Choose your word carefully And get a lawyer or right the bike off. Hate to say this but it sounds like one of these two banks is going to prove ownership and you're going to lose it but the fight between them may allow you to ride it until they settle said ownership. FYI, your children and possibly your parents should be the only people you ever consider co-signing a loan for and even then it's iffy. If you get it back part that thing out. Send the frame back to the original bank and tell the new one to come pick up what's left since that's all that's "yours" anyways.
Disclaimer:
I'm not a lawyer, but I did stay in a Holiday Inn Express last night!
If they are collecting assets you are not being sued, you have already been sued and lost. Assets are not collected prior to judgement no matter what state you live in. The best thing you can do to get your back bike right now is use your prior pain in the butt case about the stolen frame against this new bank collecting your assets. They can only take what is rightfully yours and since you have another bank claiming rights to your frame and bike, the ownership of your bike is in question.
Take all the paperwork from the original pain in the ass bank and call this new bank and show them how they just took a bike that has a stolen frame and may not belong to you, dint say doesn't belong because you then just admitted that ownership in fact does belong to the first bank and they will take it. Choose your word carefully And get a lawyer or right the bike off. Hate to say this but it sounds like one of these two banks is going to prove ownership and you're going to lose it but the fight between them may allow you to ride it until they settle said ownership. FYI, your children and possibly your parents should be the only people you ever consider co-signing a loan for and even then it's iffy. If you get it back part that thing out. Send the frame back to the original bank and tell the new one to come pick up what's left since that's all that's "yours" anyways.
Disclaimer:
I'm not a lawyer, but I did stay in a Holiday Inn Express last night!