Legal Question in Credit and Debt Law in California

I am being sued for a debt on my car 29k ,i have defaulted on the loan. I still have possesion of the vehicle Whats the best course of action, i do not want my wages garnished. Do i need to repsond back to the court formally by filing somthing or just show up on court date..not sure if i need to file any paperwork, or try to give car back before court date....

thank you

archie


Asked on 1/31/11, 10:05 am

1 Answer from Attorneys

Archie:

Immediately, you need to contact a lawyer in your area who can advise you. Google your local bar association for the County in which you live and/or google "Lemon Lawyers" in your area who represent consumers. Many times, a lemon lawyer can work something out. If you do nothing, they will repossess your car, sell it at a loss at a wholesale auto auction, and you will end up owing what isn't recouped after they sell your car at the wholesale auto auction for a fraction of its value, plus all of their expenses, costs and attorney's fees for coming after you. Do yourself a favor; talk to John Hanson at 858-451-0291 today.

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Answered on 1/31/11, 11:06 am


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