Legal Question in Credit and Debt Law in Missouri

I have a title loan with title max i've missed two payments what legal actions can they take against me


Asked on 9/29/10, 1:09 pm

1 Answer from Attorneys

Anthony Smith LawSmith

Title Max often often puts alien on the title when they make the loan. They can, after giving notice of default, reposess the vehicle. They then can sell it to try to recover their money. If the vehicle is old, or not worth much, they seldom do this. usually, they say the extra fees adn penalties of yrou contract kick in and they cahrge mroe money. THe interest rate may even go up. Try to get current if you can, pay them off, and then clear title to your vehicle again..

Good luck

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Answered on 10/05/10, 9:43 am


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