Legal Question in Credit and Debt Law in California

Car Repo help

My car was repoed about 2 1/2plus the years ago because i was injured on the job and could not afford to continue paying the car note and plus the car was a lemon. Any way they took the car to an auction and sold the car for $600.00 and told me the remaining balance was about $4,000.00 now they are sending me a letter in 2004 about paying the balance and there is about $3,000.00 in interest plus the principal is 4,445.12 and they are saying I have 10 days to contact them or they will file a lawsuit. what can i do about this situation? or is there any advice?


Asked on 12/23/04, 10:51 pm

1 Answer from Attorneys
H.M. Torrey The Law Offices of H.M. Torrey

Re: Car Repo help

under the circumstances, since the debt would not be considered an unsecured debt, you should strongly consider debt negotiations to resolve this issue. if you would like further assistance, feel free to email us directly.

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Answered on 12/24/04, 12:32 am


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