Legal Question in Credit and Debt Law in Texas

car totaled

3 years ago we bought a car from Ugly Duckling, 3 months later the car was totaled in an accident that was not our fault. The dealership was given the check from the insurance for $5,800.00. Now it is showing up on our credit as the original balance of $9,800.00. Should the check they received from the insurance company be applied to the balance? Thank you so much for your response.


Asked on 9/09/03, 8:48 am

1 Answer from Attorneys

Peter Bradie Bradie, Bradie & Bradie

Re: car totaled

It sounds as if that's a report on the amount that you financed, not the amount still due. Ask the credit bureau what that entry means. If it needs correction, ask them for the forms to make the correction.

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Answered on 9/09/03, 12:04 pm


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