Answers level
Debt Problems

I am in default on a title loan I have on two vehi

Asked on Tue, 06/07/2011 - 01:49
anonymous
3 Answers

whatever happen to you after you sold the cars to the junkyard??? did the title company file any charges

Answered on Thu, 11/03/2011 - 01:56
rj

By opting for a car title loan, you've offered the title of your car as security. The lender will put a lien on the title. The lien is supposed to remain till the loan is paid off. In your case, a lien release will not be issued by the lender till they receive the payment in full. In the case, they may certainly file a lawsuit.

Answered on Tue, 06/07/2011 - 17:18
Jeorge Preston

You will be liable for paying off both the loans in full. If you are unable to do so, there are chances that the lender can file a lawsuit against you and get a judgment to garnish your wages.

Answered on Tue, 06/07/2011 - 08:09
Anna Sweeting

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 4 and 15


About Us | Contact Us | Privacy Policy

Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV

* Disclosures:

  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.

Page loaded in 1.182 seconds.