Legal Question in Credit and Debt Law in Connecticut

Involuntary Repossession
In 1998, my then teenager husband (prior to our meeting), purchased a new Neon. Within months after the purchase, he couldn't keep up with payments to Chrysler Financial or with his insurance (insurance was canceled). Later that year he totaled the car in an accident. After the accident, Chrysler repossessed the car from the garage it was towed to. The involuntary repossession sits on his credit report, for about $12,000 in balance due. To his knowledge he never received any notice from Chrysler Financial about any monies due after resale (and none has been forthcoming since our meeting in 2000), or any other correspondence or notices of judgments, but it is still on his credit report. What are his rights, if any, in terms of erasing this from his credit report, without being burdened with over $12,000 in additional debt from Chrysler? Does he have any recourse to have the debt forgiven, considering there was no correspondence from Chrysler after the repossession?

Asked on 7/30/02, 11:09 pm

David Slater David P. Slater, Esq.

0 users found helpful

0 attorneys agreed

Re: Involuntary Repossession

Have him call the credit report company to find out how long this debt will stay listed.

Answered on 7/31/02, 6:07 am

Keywords

Match Any Match All

Country

State

Area of Law