U
Unregistered
Guest
My current partner and I are engaged in some litigation regarding the return of some money owed to us upon the termination of our participation in a flying club organization. We foolishly "invested" in the corporation that runs the club, which consists of one person. Luckily, we have a "confession of judgment" in our favor, which has gone uncontested for more than 30 days. At this point, all we need to do is exercise the judgement, and it will go to a Sheriff's Sale. The clerk said that typically, noone comes to these sales, and if it does not sell, or does not sell for enough, the item, in this case, an airplane, is handed over to the plaintiffs to satisfy the judgement. I cannot verify this, but it seems plausible.
My questions would then be:
How does the registration get changed to the new owner, without the consent of the previous owner? Does the court sign the bill of sale?
What about the log books? Any chance of recovering them?
Signed:
Hopefully this will all be over soon.
My questions would then be:
How does the registration get changed to the new owner, without the consent of the previous owner? Does the court sign the bill of sale?
What about the log books? Any chance of recovering them?
Signed:
Hopefully this will all be over soon.