Bought Trailer- then its reported as stolen.

If you are in California and the towing company did a proper lien sale, you are the owner. If the towing company did not do a proper lien sale, they owe you the money you spent.

The original owner is given anple opportunity to challenge a lien sale so if they did not do so, they forfeit their right to the property.

Now where it might get tricky (for the towing company) is if the trailer was worth around $4,000. Below $4,000 and the lien sale process is a bit easier. Above $4,000 and the original owner gets more notice to challenge the proceedings.

 

It was probably reported stolen when towed, the cops can clear it up, they just need desire to look at and close case.

 

I think you missed his post. It's all said and done and he's screwed.