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My car loan was charged off by Ford Credit but they actually told me they would not repossess because my car wasn’t worth it to them. Now my car no longer runs and I need to junk it but the title still has a lien on it. What can I do to get rid of my car? I am not looking for a profit, just want to get rid of it.
I should also note that I do not have the money to pay them off.

My car was taken from my home 1 month ago without confirmation from finance company.

The finance co contacted the guarantor by phone 2 weeks before and said that they would call back as they were informed that the car was paid for 1 year ago, in full end of 2009. They did not call just picked up the phone from my address. I thought it was stolen as I had no prior warning or a note from them, They cannot find the payments and I have sent them proof from my bank for the 6 requested. this has had a massive impact on my life as I drive to work etc.

The finance co did not update their records of change of address for guarantor in 2007 so he did not receive any warning letters and he has not changed his phone number. They called in the past when the could not find payments which was resolved by them checking their records for some time. My circumstances have not changed and set up a direct debit for 5 years without any breaks.
For all that read the details properly, the car was paid for in full 1 year ago and I have the bank statements to prove, the finance company cannot find the payments as they merged with another co in 2007 and they have made previous calls to say that they cannot find payments which they later found. I was not informed personally of them removing it by letter because they did not update their records previously with the guarantors new address. But have always had the same telephone number. We called the finance co because of a previous call they made to the guarnator saying that they was going to remove the care of which they were told that the car has been paid for. And I did report it to the police first and they could not trace ithe car in the whole country for 3 days thats why we called the FC. I also faxed my evidence to the FC 4 times and posted before they finally gave me a call, to say that they received it 2 weeks ago no one updated the history at no time.

My husband and I filed a chapter 7 Bankruptcy and had our 341 meeting yesterday. We live in Pennsylvania. As part of the chapter 7, we were planning on reaffirming our mortgage and 1 vehicle loan. Currently we are about 4 months behind on the auto loan. Today, the vehicle was repossessed. It is coming back tomorrow as the finance company went against the rules by not releasing it on the docket or notifying us of the repossession. Our issue is, we are now thinking of including the vehicle in the bankruptcy after all since we are already under water with it, and we have not yet signed a reaffirm notice. My question is, can we get a car loan during an open chapter 7, how should we go about doing so, and is there anything we need to do? I don’t want to jeopardize the bankruptcy while it is open. Help!!!

I didn’t pay the difference. bc no1. you already took the car. so now i have no transportation. no2. you already ruined my credit by putting repossession on there so now the chances of me ever being again to get another car are virtually impossible. and now bc you sold the car less than what it’s actually worth, you expect me to make up the difference? why would i pay for a car i no longer have? if i couldn’t afford the payment when i had the car, what is the incentive of trying to make a payment on a car i no longer have? so they decided they were going to teach me a lesson and take me to court. so now on top of the repossession, i have a JUDGMENT. well, i signed up with truecredit.com and was able to view all 2 credit reports & credit scores. I disputed all 3 judgments and they were all removed. QUESTIONS: if they notice, can they put it back on? What are the chances of them noticing? MOST IMPORTANTLY!!!!!!!!!! , if i never pay, can they garnish my wages or take my tax refund? Please don’t GUESS. please really know what you are talking about! Typically with repossession judgments, how far can they go to get the money?
NOT THAT I SHOULD BE EXPLAINING THIS TO ANY OF YOU BUT I LOST MY JOB AND MY PAYMENTS FOR ALMOST 0 ON A FORD FOCUS BC IT WAS THE FIRST TIME I EVER FINANCED A VEHICLE AND SO I HAD A HIGH INTEREST RATE. SO THAT’S WHY IT WAS REPOED. I COULD AFFORD THE PAYMENT AT THE TIME I SIGNED THE DOTTED LINE.
"Moving on, yes, you are legally obligated to pay the balance left on the loan". YOU ARE ANSWERING THIS QUESTION AS IF I ASKED IT.

I THINK EVERYONE IS MISSING THE POINT OF THE QUESTION. I’m not asking if you think it’s politically correct for me to pay the money back. I’ve already made up my mind about that. I know i’m responsible for the difference. I want to know about the tax refund and the garnishment of the wages. I understand the logistics behind everything. i know that this is protocol for them. I understand all that. none of that matters to me. i just want to make sure my tax refund and my wages are protected from this foolishness.
they already places a judgment against me but it wasn’t to garnish wages. or else it would have been said in court right?

if reposesses the vehicle..how does the bank or finance company expect the person to pay off the remaining balance of the vehicle? and which percentage of the time..do they sell the vehicle at auction for a fraction of what it is worth? (why they do this too? and which percentage of the time do they just put it on their car lot and sell again as used ? why not do this?)

please explain what you can

and out of curiousity , if you know,,how this differs between Britain and the USA and why?

thanks for your answers!

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