I purchased a vehicle two years ago. It is financed by a major bank. Recently, the bank made a mistake and marked my loan as paid off, despite my assurances that it couldn't have been. I sent in my next payment anyways. They soon discovered the mistake and corrected it.

This morning, I received the title to the vehicle showing that the lien has been released and that I legally own the vehicle.

What are my options at this point? Can the finance company take legal action against me if I refuse to return the title under their terms? I want to know if the vehicle really is mine, since they transferred ownership to me.

If this is the case, I plan to ask them to renegotiate the loan to better terms, and after that is done I will return the title. If they refuse and demand I return the title w