It's May 16th. My bike sold in January. Last checked a few days ago and lien still on the bike. Consignment place is & bad credit car loans getting pretty ticked off as they paid the loan and the original buyer backed out. They wont relist until the lien is gone, but for now, they are out $4000 as they paid it off. Since then they and I have been doing lien searches and we are well over $200 in fees. & bad credit car loans GE keeps saying the request was made, but Alberta Registries says they have to elecronically notify them. In the meantime, I haven't gotten one single letter or anything to say the bike is paid and they made the request. I will never finance a vehicle again!

definitely they are not the most capable people in their employ there @ GE .........the lies they keep telling are unreal and if you catch them then they dont know how to get out of it.......they did remove the blemish from my credit however the lien still remains to this day on my motorcycle..........and no one can seem to remove their head from their ass to get it off my report........apparently they dont know how and some of them even suggest that I need to pay to have this done.........I have paid enough for this bike and not paying anymore.......they damn well put it on they can get it off in the same manner.......we will see their thiry days to get the lien removed is up in a week

I hate GE Money. I had a leisure loan for a 2006 VStar 1100. After my wife was killed I took the bike to a consignment place. There was $3900 owing on the loan. The bike sold for $5900 which left me with $1400 after the fees that I hoped was going to get me through my other payments till I was back on try. The buyer knew there was a loan and a lien needed to come off and we all expected this would be a few days to do. This was in January 3, 2010. Ok, so now we are at April 30, 2010 and GE Money have to be the biggest idiots on the planet. The customer service rep gave us a buyout amount, but didn't include the next months payment which bounced as there was no money for it. I sent a money order a few days later and the payment for it was lost in limbo as over the last month the Scarlborough office has moved and they changed their name to GE Capital Finance!!!! I keep calling and they say in 30 days I will get the documents but they still are having problems with the account. Once day it says the debt is paid, the next they say .07 cents is owing, and the next day I''ll get a call from an India call centre asking when I will be making payment as the account is past due. IDIOTS!!!!

Anyway, the guy that bought the bike backed out and the consignment place had to give his money back, and they have to sell it to someone else, but they won't do that now till we get confirmation the lien is gone. GE as of yesterday has yet to get the lien off.

I don't get my share (the $1400) until the lien is gone and the bike is sold again. What sucks is I have now defaulted three bi-weekly payments on my vehicle and they are trying to reposess.

GE Money can go to hell as far as I am concerned. I did the right thing trying to sell the bike to cover the debt and make sure my other payments were covered, and they just f*cked it all up.

Update on my situation.........due to my tenancity and knowing I was right......after months of fighting I received a letter from GE Money stating it was their error and my motorcycle was NEVER reposessed...they have removed all charges and retroactively fixed my credit........I didnt believe them so I got a copy of bothmy Equifax and Trans Union........it is back to I1 status on both.........if you know you are right and the business has nothing to show you in writing to back their claim stick to your beliefs and you can get things fixed...now my next step for all the BS and their inaccurate reporting I need to file a civil proceeding against them....during this I applied for a an RSP loan and was denied which effects my lifestyle for sure...will keep updating as it goes on

I found my answers......if a repossession never occurs there is no charge (cost of distress act)......I got this information from calling a bailiffs office and asking the question and they willingly gave me the site where to look also told me to look at the bailiffs act for more info (that one is confusing as hell).....so now the ball is in the finance companies court on what they are willing to do......I also filed complaint with better business bureau and they havent replied to them even at this point so my next step would be civil litigation

I did at one point get behind however it was paid in full and no bailiff ever showed up.....there is no judgement any where to be found either....I have spoke to them @ GE Money and of course you get different people every time so you get different stories....first that my bike was repossed but there is no paperwork to accompany said repo nor is the auction house mentioned where it was taken to.....next rep no repo happened but bailiff was commissioned......I was under impression if bailiff doesnt repo then no money......need help with this even just to understand it would be nice.....also how can they just take payments without your knowledge and put towards something you know nothing about without notice?????

Your post is very hard to read. Specifically it is not clear if you ever got behind on your payments and if GE ever sought and got a judgment against you. You say a bailiff never showed which implies that a judgment was obtained against you but that enforcement was never followed though with. Is that correct?

Maybe you could give a clearer more detailed account of what happened.

This company usually deals with motorcycle loans and such.

Rewind...I got a motorcycle loan in August 2005........fast forward..Sept 2009......was to be paid in full.......I notice they took money out of bank Sept & Oct.......I figured was for residual....I called them and they claim that a bailiff repossed my bike........bad credit car loans NEVER did this ever happen......no bailiff ever showed up..........they never sent me anything in the mail to notify me that they took payments I made towards my bike to a bailiff (that never showed) and this was done in 2006.......now in 2009/2010 they are claiming because they did this without my knowledge that I am responsible for this amount owing or they will repossess my motorcycle bad credit car loans......what can I do about this.....did I mention in the interim they are trashing my credit!!!!!!!!!