Legal Question in Credit and Debt Law in North Carolina

hi. i had a repossession a couple of months ago. The car has been sold and the bank called me and told me if I pay $1800 in full by the 28th that the repo will be taken off my credit. I wanted to know if they can really do that? They also sent me a paper to sign. I called them and asked them to explain what the paper was for and they told me it was the release form. I am having trouble understading the paper and I am nervous to sign it. Should i trust them? They also tod me that if i didn't pay that i would have to go to court where I purchased the car (CT) and in NC.


Asked on 2/17/10, 7:20 am

1 Answer from Attorneys
Jeff Rosner Rosner Law Firm P.A.

I would have the documents reviewed by an attorney to be safe.

- Jeff

Read more
Answered on 2/22/10, 8:05 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in North Carolina