jet-ski repo

[goryr88]

Thank you for that! I've been getting dead ends since I started this...

[justbroke]

This is ridiculous! This has been 10 years.

According to GE Capital you can use the following information for lien release information:

Synchrony Contact Information:
Email: [email protected], to attention Document Release
Phone: 1-800-241-3040
Fax: 1-888-224-0797

You may also try to contact Synchrony Bank using the information from the FDIC as shown via the link below;

https://research2.fdic.gov/bankfind/detail.html?bank=27314&name=Synchrony%20Bank&searchName=GE%20MONEY%20BANK&searchFdic=&city=&state=&zip=&address=&tabId=2

[goryr88]

Hey all! Just letting you know, I still have no title for this. It is under a cover all the time and only has 32 hours on it. It is in great shape! Where do I even start to find the title for this?

[AngelinaCat]

goryr88,

All I can say is: wow - after 5 and a half years, the think the real question is "do you really want it or should you take it to the local dump?". I guess the answer depends upon what kind of condition it is in at this late date.

Des.

In Florida, if you take a titled vehicle to the scrappers, they will demand you turn over the title, have your DL and will record your license tag. There have been too many instances of people trying to scrap stolen vehicles.

[bcohen]

So is there a way to remove unpaid lien(s) from the title of an old vehicle--such as this jetski, when the value is extremely small compared to the lien(s)? What if the lender/lienholder is no longer in business and cannot be located/contacted? Does that change anything?

[despritfreya]

goryr88,

All I can say is: wow - after 5 and a half years, the think the real question is "do you really want it or should you take it to the local dump?". I guess the answer depends upon what kind of condition it is in at this late date.

Des.

[goryr88]

Blowing the dust off again. Still have the jetski. Pretty sure they don't want it. Now to just get a title for it...

[Bell30656]

I'm of a different school of thought. I wouldn't call them at all. I use the crap out of that Jet Ski until one day it was swiped by the repo company. Don't worry about getting a title. Just keep it registered and enjoy it.

[justbroke]

Yes, Florida has a "lost title" application, but most all our titles are electronic. If there is a lien in the computer, then there will still be a lien listed on the title unless a release of lien is filed.

[AngelinaCat]

There is in Florida. But what used to cost around $15.00 or so, now costs nearly $100.00, if not more...

[despritfreya]

Is there a such thing as applying for a lost or abandoned title??????

Des.

[goryr88]

what are the chances of ever getting a title?

[AngelinaCat]

I think it is safe then.....

[goryr88]

just thought i'd scrape the dust off this old thread....I still have the jetski and no one has ever said anything. It is never locked up. It sits outside under a cover.

[catleg]

Speaking of boat repos. There is an unused piece of state property in my town, an old state police road station, looks like an old house, but it has a big parking lot. It's been empty for 7 years.

Well, about a month ago, a boat appeared on the property, tucked halfway into one of the disused garages. I'm thinking, either repo or abandoned by the owner for lack of repo.

Few days ago, another boat shows up there. Neither one looks particularly new.
My suspicion is that someone(s) has realized this is a "free" storage location for their
repo boats. You would think eventually they'll track down the owner and write them a ticket, except maybe the ticket would be uncollectable, and they have to seize the property in payment. Which gets back to where we started, abandoned boats on state property.