Legal Question in Credit and Debt Law in District of Columbia

Collections

I submited a payment to my auto loan company, the next day I was in an car accident, so I cancel the check, in the meantime, the loan company and my car insurance, settled. And when the loan company recieved my check they tried to process it, it was returned and now they're attempting to collect the remaining balance from me, but I dont understand how that's legal since I had cancelled the check way before they received it.


Asked on 7/03/08, 12:26 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Collections

It's quite likely that the loan company regards you as responsible for the apparent deficiency resulting from the balance you owed on the loan at the time of the accident and what they received from your insurance carrier.

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Answered on 7/03/08, 11:45 pm


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