I would think that they would check to see if your ID matches what they have for the current title, and would only issue a lost title to the person who they have listed as the current owner...
* 00 LC
* 99 Saab Convertible
* 76 Piggie
* 97 4Runner (The original Green Chile)
* 64 FJ40 "Ocho Mater 40" AGAIN
* 1965 International Metro Van
has a 2008 FJC