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View Full Version : Judgement on my account


youlanda
Jul 4, 2007, 12:27 PM
I have a judgement against me and the debt is nine years old. The problem is they are wanting 5,560 dollars and the debt was only about 2,500 dollars. It was a 1991 geo storm that got repossesed. I was paying on the car and it started acting up and I kept getting it fix. I could not afford it anymore so I let it go. They sold the car at an auction. I don't mind paying them but that is way too much.

mr.yet
Jul 4, 2007, 12:31 PM
WHy didn't you go to court and defend this claim against you. The SOL has long een expired.

Fr_Chuck
Jul 4, 2007, 01:35 PM
Well after repo charges, after cost of the sell, after legal fees, and interest, yes double is about right for a repo'ed car.

If you had worked out a deal prior to the repo, they may have worked, or even prior to a judgement when they just wanted to collect the money.

But now that they have a judgement, and you did not go to court and fight it.