I have a friend who bought a trailer at auction, with no title......went to the DMV and got tags and new title for a homebuilt trailer. He then discarded the reciept from the auction co. A year later......police came to his home and confiscated his trailer saying it was stolen. They then charged him with having stolen goods. He had to get a lawyer, go to court etc. In court he explained his case. Judge dismissed him but he was out the trailer and the money he had spent for it......along with lawyers fees, time and grief. True story....Good luck.
