My husband and I have a car repossession on our credit reports from 2010. We recently called the collection agency to settle the account. The car was sold and the balance owed is about $8600.00 but they want to charge us over $13,000.00 as settlement. Is this legal?
Answer
Please consult with a NACA [National Association of Consumer Advocates] Attorney before you do anything further.
http://www.naca.net/find-attorney
Answer
Feel free to contact me, I handle wrongful repossession cases.
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