On Monday, attorneys in the Reagor Dykes case were expected to have a resolution on what to do about the tax, titles, and license and trade liens that are still not paid. They met about it a few weeks ago and decided they need more time to come to a resolution. But still days later, the attorney representing Reagor Dykes said they needed more time to reach an agreement with all of the lenders.
This discussion comes after Reagor Dykes filed a motion to force lenders to pay off the TTL’s and trade liens. US Bank and several other lenders objected.
They set a new court date for November 14th where they hope to have resolutions with all lenders.
If not, the judge said they’ll have to go into mediation with each lender individually, delaying the process for customers even further.
As of now, hundreds of customers are without tax, titles, and license and trade liens paid off. They are also unable to register their cars.
Reagor Dykes said they did reach one agreement with one of the bigger lenders.
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