Settling a Deficiency Judgment

[Melaphant]

My question involves a consumer law issue in the State of: Virginia

My husband was irresponsible, in his early 20's and his payments got behind and he had a car repossessed in 2006. He was then hit with a difficiency judgment. His wages were garnished and then he set up a payment plan.

In 2012 we are attempting to buy a house and we were told he has an unsettled judgement on his credit. When I contacted the company, Regional Acceptance, they said he still owed over $4,000 on this. They agreed to "settle" for $3,111.62. They said when we mailed the check they would send the title to the car.

Why would they send a title to a car that was repossessed? Does this seem like a straightforward business deal? I am confused.

[Mr. Knowitall]

Perhaps they sent the wrong form letter.

You want to know what they're thinking? You need to ask them.