Served a summons for a debt
Was the car sold after they took it back? Did they provide
Was the car sold after they took it back?
Did they provide you with any info on how much they got for the Car after it was sold?
They can only come after you for the amount that was left after the sale of the car.
Also what state do you live in?
Sorry, I am in KY. And yes, they sold the vehicle at auction for
Sorry, I am in KY. And yes, they sold the vehicle at auction for $18000.
hi-- ok, so the debt is $23000 now, or it was $23000 at the t
hi--
ok, so the debt is $23000 now, or it was $23000 at the time you gave the car back?
If it was $23K back then, then it is less than that now. When they sell the car at auction, they apply that amount that they got for the sale to your total debt. That would subtract $18K off of the debt, leaving $5K plus any other fees or interest.
I know that isnt a complete answer, but hopefully it will help to take some of the burden off that the numbers can give you. Also, was this a joint account with the ex, or was the car loan only in your name?
The 23,000 was what I owed AFTER they auctioned it for 18k. His
The 23,000 was what I owed AFTER they auctioned it for 18k. His name was not on anything. I understand why they are suing me, I understand the amounts. What I need to know is how to I respond to the summons, and what are my chances of being able to have some control over the amount they will set the garnishment of my wages for.