NLIC.org

Jessie Said:

what happens if you fail to get the car at the impound after the 15 days it gives you.....?

We Answered:

1) The tow company files a lien against the car's title. If the owner or lender doesn't pick it up in the allotted time, the tow company/impound yard now owns the car.

2) No. It is unlikely that the former owner can be charged anything. However, every state/city have their own laws that may impose a fine. So, research the codes they provided (625 ILCS and 9-92 of the Chicago Municipal code).

3) No. When you lose the car, they try to recoup the fees through the sale of your old car.

Anna Said:

Read this below and what is your fully reaction?

We Answered:

Government involvement in most areas has had dismal results. When we ignore realities and attempt to create artificial conditions that ignore the laws of economics we dig ourselves in to deeper problems than we would have if we would just let things correct themselves. Supply and demand is a natural cure for most economic problems. I doubt that the intent of Congress is driven by something that is good for all of us. Greed and corruption is a threat until we adopt term limits for all Congressmen and
Congresswomen and Senators. Open Government should be our goal, also.

Gene Said:

Can a title company sign off on a short sale without approval from both lenders?

We Answered:

the title company is responsible for insuring that all liens are paided and that title company is insuring that the liens are satisfied..get an attorney and go after the title company..

Carole Said:

my name is gary raenon clemons. my father's name is chester lee clemons. am i his legal heir?

We Answered:

looks like you are. but there may be other legalities involved.it would be worth the price of an attorney depending on what the value of the house is.

Zachary Said:

I'm doing a writing contest and I'm having trouble for title! Any ideas?

We Answered:

A Cup of Ireland