Hello, I was wondering if you can help me.
I voluntarily repo'd my truck in October 2006 because I was sentenced that day to prison for 15 months. At the time I repo'd the truck (which was thru a bank) I told them the truth about why I could no longer make payments.
Last year while I was gone, they sent a letter to my house that says they sold my truck at auction. According to them they sold it for about $12,000 (I can't remember off hand the exact amount). Anyways, the blue book value on this vehicle was $19,800. My first question is can they sell it for that much lower than blue book and can I request from them a bill of sale.
I know that I am liable for the difference of what they sold it for and what I owed on it (which was close to $30,000). Can they take me to court and what would happen if they did. Can they take my house? That is pretty much all I have. I owe lots of restitution (the reason I was in prison). I have been out of prison for about a month and a half. I have a 401K but according to my probation officer, it is now frozen. It will either have to stay there or be applied to the restitution.
The collection agency is calling and calling and harassing my mom who lives with me. The lady who called today was very rude to my mother and the lady asked for my work number so she quote "could embarrass me at work."
Thanks for your help!

