Legal Question in Consumer Law in California
auto loan
i purchased a vehicle through ford
motor credit. i got behind in the
payments and they have now charged
the loan off as bad debt. what is the
status of the vehicle? what is the
status of the title?
Asked on 6/17/07, 3:41 pm
1 Answer from Attorneys
Jonathan Stein
Law Offices of Jonathan G. Stein
Re: auto loan
The charging off of the loan is just a tax function. They will now repossess the vehicle from you.
Answered on 6/17/07, 4:07 pm
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