Legal Question in Credit and Debt Law in Texas
auto loan
i am currently behind 4 payments, i trietild to make arrangements on repayiny what i own,2,166.00 i wanted to pay 500. plus an additional 200.per month until im caught,and continue my regular monthly payments,they said that they want the car back what can i do
Asked on 3/21/07, 6:52 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: auto loan
Not much. They are not legally required to accept your proposal. About your only choice is Ch 13 bankruptcy. That'll cost you about $1800, but there may be more than one debt that would be affected by your choice. Good Luck
Answered on 3/21/07, 7:00 pm