What can a bank do if you failed to give them the title from a car you purchased then failed to make payments on you then sold the car and kept the money you still owe 8k on it but Iam disabled from?
They will sue you in court....Win...and garnish any settlements
you may be receiving from the government. If they can not garnish
any type of payments you receive, they will garnish your tax
return, if you get one, or put leins on any property you may own,
including other cars, homes, etc. You will be required by law to
make monthly payments to the bank, or they have the right to
repossess whatever they have a lien on, including that already paid
off car, your home, etc.
ALSO: by failing to send the title to the car as agreed when you
purchased the car, you are technically guilty of fraud, and you
could even be charged in criminal court.