Repo vehicle

Hi there… My vehicle was repo-ed and the lender sold the said vehicle for full amount of balance, to charge the interest from the note for collections. If so, do I need to send them a PFD?

2 Answers

Was the entire balance including repo fees and other costs paid thru the auction or just the balance of the loan.  You should probably check.

 

You will not get a paid for delete.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

PFD does not work. If the balance has been satisfied in full, then you can request the lender to update the account status. 


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