You bought the car and drove it around till you could make payments on it. Now you can't make payments on it and therefore the car was repo'd. End of story. You don't owe them anything.
The car will be sold at auction and you will be held responsible for any deficency balance and repo fees.
How to Deal with Illegal Loans..OhioGal's Primer http://www.debtconsolidationcare.com...allenders.html PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
Any deficency balance will probably put into collections. If you refuse to pay, they could sue you. Getting a judgment against you could result in your wages being garnished and your bank account levied. Any property you own could end up with a lein against it.
How to Deal with Illegal Loans..OhioGal's Primer http://www.debtconsolidationcare.com...allenders.html PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
Hard to predict. Depends on the lender and their policies, how much you owe, and how bad they wanna collect it.
How to Deal with Illegal Loans..OhioGal's Primer http://www.debtconsolidationcare.com...allenders.html PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
You bought the car and drove it around till you could make payments on it. Now you can't make payments on it and therefore the car was repo'd. End of story. You don't owe them anything.
Debt Samaritan
Posts: 16657
Credits: 297265.62770929 Send message to SOAPLADY
Please ignore the above idiot post.
The car will be sold at auction and you will be held responsible for any deficency balance and repo fees.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Held responsible how? will there be a garnishment?
Debt Samaritan
Posts: 16657
Credits: 297265.62770929 Send message to SOAPLADY
Any deficency balance will probably put into collections. If you refuse to pay, they could sue you. Getting a judgment against you could result in your wages being garnished and your bank account levied. Any property you own could end up with a lein against it.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
what do you think the chances are?
Debt Samaritan
Posts: 16657
Credits: 297265.62770929 Send message to SOAPLADY
Hard to predict. Depends on the lender and their policies, how much you owe, and how bad they wanna collect it.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
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