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To take possession, you MUST be named on the TITLE as co-owner. the LINHOLDER will wanting to be sure the car has the required ins. coverage. IF you are on the LOAN as co-buyer, you will have to make the loan CURRENT if in default. It would work out better if you contacted the LEINHOLDER for state specific advise on the matter. If you are NOT on the loan, it could be repoed for 3rd party possession in your possession.

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โˆ™ 2015-07-15 19:45:51
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Q: How would the co-owner of a new car take possession of the vehicle for failure of the other co-owner currently in possession to maintain insurance?
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It was found that Mr. Jenkins had stolen proprietary designs with regard to the meat bag industry from Dyersburg and he and his brother had started their own company on the side competing against Trenton Mills. Dyersburg did not prosecute that I know of but released Mr. Jenkins from his responsibilities and return of equipment,etc. In my opinion, Gene McBride should have released Mr. Lunsford at that time for such a blunder as well. Mr. Lunsford was known for many at the plant and pissed quite a few of the born and raised DFI staff off. The good thing about this story is that Mr. Hopkins was allowed to return to the Finishing room to do his job as Technical Manager over the Outerwear fleece . Dyersburg though was doing a good business with Columbia sportswear where they were producing the Polartec 200 fabric under their style 0139 and Columbia was able to lay down on cutting table at their Chaffee, MO. plant side by side with Maldens. Dyersburg then went into a JV with Grupo M in the Dominican Republic where they were producing fleece garments at plant in their "free Zone" park for Columbia, Port Authority, Timberland,etc. and the Chaffee plant of Columbia Sportswear shutdown. In early 2001 , The Gap came into the Dyersburg plants to tour and talk about business for The Gap and Old Navy where production of fleece would be 200,000 yards/week. Major business that could sustain the plant. Mr. Pitts and the development group tried developing some low cost fleece fabrics per the specs of Old Navy and Gap but found for the $$$/yard price they offered to pay DFI could not compete. It turned out that the GAP could get fabric from China landed in Mexico and pay the duty/tariff and still come out cheaper per garment than Dyersburg could produce the fabric and ship to Mexico or the Domincan Republic duty free mind you and ship garments back to U.S. This is when Dyersburg knew the writing was on the wall. Textiles as the U.S. had known it ....was to be history. During April, May and June of 2001 Dyersburg was feverishly trying to move production equipment out of the Alamac plants and into the Dyersburg facility. The banks were allowing this to happen at Dyersburg. When Dyersburg Corporation went to seek more capital to complete the project and shut the N.C. plants down.....they were told NO. Guess what AlamacUSA as it is known now is still operating. United Knitting in CLeveland was sold off to Mallen Industries where Jerry Miller is President and coowner. Mark Cabral and his crew are running Alamad today. The plan was to run all product lines out of the DYersburg plant since it was the "mothership" but the kicker was having corporate offices in my opinion in Charlotte and N.C. plants were favored over TN. Dyersburg would still be operating today doing much like Malden Mills, now Polartec Industries after 2 Chapter 11 bankruptcies and support from Senator Ted Kennedy and John Kerry in Massachusetts to give them government contracts. Polartec operates plants in China today as well. Dyersburg plant was bought by a private LLC that tried to get business started again. Trouble with that is you have lost your customer base that the company once had and the personnel that tried to do this were not the ones that could make it happen. The Director of Research and Development , whom was Mr. Pitts had taken another job in Dyersburg at an automotive firm, Mr. Miller was running his own company, Gene McBride had went to work as Sr. VP at Sara Lee, Mr. Lee Lunsford went to work for another company, Mr. David Tinkle and Mr. James Houston had taken other jobs in the area as well. The gentlemen that bought the facility were farmers and local shyster businessmen with one lone wolf being Bill Wiggins who had swindled hundreds of thousands of dollars out of Dyersburg while it was running in the late 90's with Q.A. monitoring equipment that was not utilized in the knitting plant.