My question involves an auto loan or repossession in the State of: NEW JERSEY
I have a car loan which was charged off in may 2011 i called the company February 2011 and they want 10,100 dollars or to surrender the vehicle they also said the account they sent this to a attorney in December 2011 to start legal action I was never served. I have 7000 of the money and wanted to do a settelement in writting stipulating, the title would be released, payment will be considered payment in full of debt ,no 1099-c be issued, and removal from my credit report since the funds are certified. I still have the car. Should I send this to the company or lawyer? what are my rights in NEw JErsey since I was never served?

