What are the repercussions of selling a car with a title loan on it before its paid off or in default?
Is the truck worth more than the loan balance? If it is, you could make a deal with the lender to pay off the loan with the sale money.
Houston, TX
Debt and lending agreements Lawyer at Houston, TX
Practice Areas: Debt & Lending Agreements
Is the truck worth more than the loan balance? If it is, you could make a deal with the lender to pay off the loan with the sale money.
You don't give enough facts or context to make a useful answer possible. Whose name is on the title? Does the sales contract state the right of...
You shold have been notified of the modification. Your ex had to provide your income and tax information to do the modification and the lenders...
Wage garnishment is not allowed in Texas to collect civil debts except federal taxes and payment of some federal student loans. It is a violation...
No useful answer is possible without seeing the security instrument, deed, and your divorce order with the property division. Use the "Find a...
Are you sure the loan from United Acceptance is really "cancelled"? I don't know how he could do that and if he did, you could sue him for tortious...
It's not technically legal for a mortgage lender to do this if you are not on the loan. Even so, you don't have any claim against the lender...
You don't give enough facts or context to make a useful answer possible. Was the original contract sold or was the motorcycle sold? Nothing useful...
Some lenders will give notice before repossession. Some will give you the chance to bring the loan current and recover the car, but not all. After...
You need to file a general denial answer with the court THEN you can negotiate directly with the creditor's attorney.