Results 1 to 2 of 2

Hybrid View

  1. #1
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Auto-Loan Repo... Creditor Sued for payment

    1) Pay off the debt - in full or work out an installment plan. 2) I don't know anything about that credit counseling serv. - others might. There are many out there - some good & some bad. 3) Since you have been sued, if they get a judgment against you, they can seize non-exempt assets, seize bank accts., possibly garnish wages . . . . 4) What your friend told you is not necessarily true. There are banks/institutions out there that will loan you money particularly after you have completed the program & pay your current loan off though you may have to pay a high interest rate.

    1. Sponsored Links
       

Similar Threads

  1. Repossession: Auto Loan Repo
    By ooldman in forum Cars and Dealerships
    Replies: 1
    Last Post: 03-31-2010, 02:10 PM
  2. Repossession: Auto Title Loan Repo
    By barbarian in forum Cars and Dealerships
    Replies: 6
    Last Post: 07-20-2009, 09:20 AM
  3. Repossession: Auto Repo After Wire Payment
    By mrmiss in forum Cars and Dealerships
    Replies: 1
    Last Post: 07-08-2009, 09:09 AM
  4. Repossession: Indiana Auto Repo, Now Being Sued for Difference
    By Jonezy in forum Cars and Dealerships
    Replies: 4
    Last Post: 06-10-2009, 09:58 AM
  5. Chapter 7: Creditor Tax Situation After Auto Loan Discharge
    By BOUDREAA in forum Bankruptcy Law
    Replies: 1
    Last Post: 03-13-2009, 09:56 AM
 
 
Sponsored Links

Legal Help, Information and Resources