Reply-To: Sevan Gorginian
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> Hello -- this is my first time and I am trying to post this question to the Yahoo CDCBAA listserve group. I hope this works.
>
> Chapter 7 debtor elected to surrender her vehicle (worth $350, engine not working). Lender contacted me to schedule pick up of vehicle. Lender finds out car is worth much less than the price/hassle of going and picking up the car. I then tell the lender to release the lien if client pays $350 FMV. Lender says "No, we will release the lien when she pays the balance of $4,719." I told them my client wants to surrender, go pick up the vehicle and they flat out refuse. Not sure what to do. Lender is from South Carolina, does not have local area. I was thinking of towing it to their local place but none available.
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> My idea is to either (a) get order directing lender to pick up vehicle or (b) amend statement of intention to 'redeem' vehicle for $100.
>
> If anyone has dealt with this please let me know. All suggestions gladly welcomed and appreciated.
>
>
> Sevan Gorginian, Esq.
> Attorney at Law
>
> Law Office of Sevan Gorginian
> 450 North Brand Boulevard, Suite 600
> Glendale I California I 91203
> Tel: 818.928.4445 I Fax: 818.928.4450
>
www.GorginianLaw.com
>
> We are a Debt Relief Agency.
>
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>
The post was migrated from Yahoo.