Should/can I sue?
Answer:
If it was me, I would go get the car - if I knew where he lived!
I think it is your responsibility - not your banks - to resolve the situtation. You may be able to report the situation to the DMV to prevent him from registering the car in his name until he pays up. If he hasn't registered the car yet, you may even be able to report it as stolen.
Keep calling, and good luck.
Sorry to hear about your inconvenience. the first thing you should do is talk to a lawyer, and have him send a letter to the buyer, lots of times it does the job. If he still doesn't get back to you there are lawful ways to solve the matter, if you have paperwork proving that he bought the car and the check was the form of payment. For additional details, it's better too talk to a lawyer in your state, as the law may differ in different states.
I sincerely hope you resolve the situation speedily, and with no more trouble!!
Please tell me you didn't sign over the pink slip of the car before you safely and securely received/deposited the funds.
(sigh)
Your bank isn't responsible for this . the car buyer is. Depending on how much money is involved, contact a lawyer or take the buyer to small claims court ($5000 limit.) It may be worth a few hundred dollars of lawyer fees to get this resolved.
He "forgot" to sign his check? Hmmm.. I don't think so.. especially now that he won't call or come in to sign it.
I smell a scam.. I smell a scam...
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