Legal Question in Credit and Debt Law in Ohio

My question is: I have a GMC truck, do to the job market I'm on the verg of loosing my truck to GMAC...My question is the loan is attached to my ex-girlfriends home..I'm concerned that she put her house up towards the loan of the truck..I'm concerned if they take the truck (re-posse) that they could take her house which is paid for...What are my options...This is a huge truck payment each month to the tune of $1000...Please advise your legal opinion.

George Kuhn


Asked on 9/05/09, 5:10 pm

1 Answer from Attorneys
Dan Guinn Guinn Law Firm, LLC

I have clients in similar situations. I generally contact the company and see if they can reduce the payments on the truck. In most cases that works since all they want is the money.

If it doesn't work then they could attach your ex-girlfriend's home. Did she co-sign the loan for the truck?

Feel free to contact me, free of charge, at [email protected] or at 330-447-7634. I am happy to help in any way that I can.

Thank you and I look forward to hearing from you.

Dan Guinn

www.theguinnlawfirm.com

Read more
Answered on 9/06/09, 2:05 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Ohio