Auto Reposession

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Auto Reposession

Postby oriansbelt on August 5th, 2008, 11:43 am

I was only 4 days late on my auto loan with Capital One Auto Finance and a repo guy came an picked up my car. Now they sold my car at auction for about 10% of it's real value. There is a $21,000 deficiency balance they claim I owe and I am devastated. Are there any laws that are in place to help me? I now need to get another car but I have really bad credit. Does anyone have any advice for me?
oriansbelt
 

Re: Auto Reposession

Postby yes on August 6th, 2008, 8:51 pm

You should file a complaint with the Federal Trade Commission at www.ftc.gov and your state attorney general. Then dispute the claim with a validation letter. Wait for a response, then sue, sue, sue, sue...
yes
 

Re: Auto Reposession

Postby EnriqueHajela on May 13th, 2010, 1:42 am

you contact with senior loan authority and discuss your problem. after that go for legal help like file a complaint about this in your state attorney general. or proper consult with your lawyer.
EnriqueHajela
 
Posts: 10
Joined: May 1st, 2010, 3:03 pm

Re: Auto Reposession

Postby KailynLaw on November 17th, 2011, 10:31 am

Anyone with this problem or anything similar needs to talk to a lawyer before you do anything. They will help you with any legal problems that you encounter. The laws are different in every state so you need someone local who is familiar with them.
KailynLaw
KailynLaw
 
Posts: 7
Joined: November 17th, 2011, 10:20 am


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