Legal Question in Credit and Debt Law in Texas
Car pay off
I had a car which was totaled, not my fault, and the other drivers insurance co. State Farm paid off the finance co. and wrote me a check for the balance the car was worth. I recieved a letter from the finance co. stating the loan was paid in full. Two months later I recieved another letter from the finance co. stating there was still an outstanding amount on the loan??? I called them and they stated that they had applied someone elses payment from 5 months ago to my account and just now found the mistake. State Farm has the car and title, I have another car... can I be held responsible for the finance companys blunder? The amount they say is owed is $592.00
Asked on 9/15/08, 11:05 am
1 Answer from Attorneys
Donald McLeaish
McLeaish&Associates;, P.C.
Re: Car pay off
They need to go to State Farm...in my opinion
Answered on 9/15/08, 1:33 pm