Legal Question in Credit and Debt Law in Indiana

I recieved a loan using my truck as colladeral with a finance company in noblesville, indiana. In this loan i purchased unemployment insurance on the loan. I lost my job, and the finance company came and reposesed my truck, and now are harassing me with calls and letters saying that i still owe them close to $3000 after selling my truck. This happened about 8 months ago, could they legally take my vehicle and sale it and then try to collect on a loan that I had purchased unemployment insurance on the loan. they say they can, and will not answer my questions about this insurance on the loan. Do I have a lawsuit against them to recover my lost money, or be refunded because they did not honor there loan.

thank you

frustrated and still unemployed


Asked on 7/23/10, 12:31 pm

1 Answer from Attorneys

All of the paperwork would have to be reviewed. I suggest that you contact a local attorney.

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Answered on 7/25/10, 6:56 am


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