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#11
November 14th 04, 11:58 PM
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"BTIZ" wrote in message news:LzCld.93815$bk1.21567@fed1read05... interesting that they can seize and re-sale a car.. when the original title and lien is being held by the finance company.. how do the clear the lien to the new buyer? The original owner is stuck paying the loan. the cars are purchased for $125 no matter how old or what condition they are in. My guess is they go to the scrappers or get torn down for parts. perhaps a claim filed with the insurance company for theft by the city.. BT "Louis L. Perley III" wrote in message ... Just be glad the City of Chicago doesn't have a towing contract for aircraft! What a racket. http://www.suntimes.com/output/news/cst-nws-wot10.html -- Louis L. Perley III N46000 - C152 N370 - PA-23-250 
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