I have a friend that recently sold his car and before he sold it he called his bank and asked what the pay off was.The lady at the bank told him it was $2498 and some change. So he got a moneygram for $2500.The next day the same lady from the bank called him and confirmed she had received his payment. She also told him his lean release should arrive whthin 10 business days. Well, he sold the car a couple of weeks later. The kid that purchased the car went down to do the title transfer and the title had not been released. When my buddy called the bank they told him he owed $1100 more. He has not been able to talk to the original lady he spoke to the first time.The people at the bank told him pay the extra money and they would release the title. Well, to make a long story short the kids dad is now involved and is threating to have him thrown in jail unless he gets his money back or the lean release. The dad told him he would be at his work tomorrow with the cops to have him put away. Now the good part, my friend never signed the back of the title and the kid paid in cash and there is no bill of sale. What happens now? My buddy wants to make it right but he’s at the mercy of the bank. Plus the cash went toward a new car. WOW!!!!!
Your friend needs to get a lawyer who practices exclusively in consumer protection law. Contact Oklahoma Bar Association guide on consumer lawyers. The only firm I know of, is Kathy Rawls and her associate Carrie McNeer, in Moore, Oklahoma. She does this type of work. She will probably not charge you very much as they collect the money from the mortgage co.
Mohanty Means, P.C.
3750 West Main Street, P.O. Box 720488
Norman, OK 73072