title loan in Florida

You won???t get the released title until you pay off the loan. The SOL doesn???t grant you clear title to the car.

SOL in Florida is 5 years for this type of debt. It simply means they cannot sue you past that point. However you still owe the debt.

Stupid question,.. but Including interest? The total would be more than the car is worth. Being said, what can I do with the car?, it was an internet loan, with no local offices.

Are you the same person who asked about selling your car to a junkyard if it has a lien (in the Answers section)?

Anyway, you need to figure this out. The longer you wait, the more the fees/interest are adding up. Call the lender and see if they will work out a settlement with you. Tell them the car is worthless and make them an offer that you can stick to.

No, I didn't ask about selling it to a junkyard, I imagine any sale proceeds would go to lien holder first. I guess my only option is to go bankrupt and tell them to take it. it's just that im unemployed, no insurance, alot of medical bills, and need transportation to Dr. visits. Definitly spirialing downward.

But thanks for your help!

Secured loans are the most difficult to deal with. Settling for less than the full balance is your best option outside of bankruptcy.