Submitted 155 days ago...
Car repossession
My car was repossessed in 2002. I missed two payments, Nov. and Dec., paid the two payments the following January, car was reposs. in Feb. I am being sued now by the bank. Their accounting log does not reflect my payment in Jan. Also, I was not notified of the sale o fthe car in April. The cert. letter went to my old address. I contacted the bank on several occasions to inquire about my final payment, no reply.
What are my chances for winning this lawsuit?
Answer 1 / 2
Submitted 115 days ago...
Answer 2 / 2
Submitted 115 days ago...
What they are doing is sueing you for the amount the car, didnt bring to pay the balance of the car, it didnt bring enough, to pay off the loan , so they are coimg after you , to pay it, and as far as winning , you will lose, because you broke the payment contract, by missing just one payment , and the others dont matter, there is small writing that is in the contract, that states that if you miss one payment then you forfit the entire loan , and they will win regardless, banks are known for this, and they have the law on there side,
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