Legal Question in Bankruptcy in Oklahoma
What should I do?
Recently I was cast judgement against by a local car dealership from a truck i purchast on credit there.They repoed it and took me to court they are claiming I owe 4600.00 plus 21% intrest is that legal to put intrest on a repo debt.That means if i pay 200.00 dollars a month thats only 36.00 to the acutial prenciple I will be stuck with that for at least 10 years I cant do that should I file bankrupsy.
Asked on 6/17/00, 8:33 pm
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: What should I do?
A bankruptcy will get rid of the debt but not enough is known about your situation to say if you should or should not file one.
Answered on 8/27/00, 9:38 pm
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