What to do ifI have been served papers from a car finance company for a car I tried turning in but they didn’t want?
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What to do ifI have been served papers from a car finance company for a car I tried turning in but they didn’t want?
2002 vehicle; originally purchased for $11,000; court papers say the are asking for $21,000.
Asked on November 7, 2010 under Bankruptcy Law, Colorado
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Well the first thing that you need to do is to go down to the court and to file an answer to the papers served on you so that they do not take a default judgement against you. You are not clear as to why you attempted to turn the vehicle in, when you attempted to do so and why they refused. I am assuming that the reason that the balance is so high is because you failed to pay on the note for a bit of time and they have included interest and legal fees in the matter. Now, I think that it may be in your best interest to go and seek some help with all of this from someone who can ask you all the questions to get the full picture of what happened. Good luck.
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