repoed car please help
Date: Fri, 02/11/2011 - 18:17
my car was repossed almost 3 years ago the bank is now coming after me for the remaining balance plus tons of interest i asked them what they did with the car they said they dont know what happend to it and have not heard anything about the car untill they came after me is there any actions i can take or is it legel thanks
They probably sold the car at auction and are now pursuing you f
They probably sold the car at auction and are now pursuing you for the deficiency balance . It is very legal.
I guess you have to gather money. The reason is, you're responsi
I guess you have to gather money. The reason is, you're responsible to repay the deficit balance. Otherwise, your creditors may even file lawsuit against you. Negotiate with your creditor to reduce the deficit balance amount and the interest rate.
