Auto Reposession

[oriansbelt]

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?

[yes]

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...

[EnriqueHajela]

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.