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It does not matter if you don't have the car any more. What matters is the unpaid loan you took out on it when you bought it. It is because of the loan, not the car, that you are being sued. You can try re-negotiating with the car dealership and with the financial company. If that fails, you can try to hire a lawyer to protect your interests.
What else can I help you with?
Can you sue for an unpaid loan after 4years?
Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.
What are the legal implications for a long unpaid loan?
An unpaid loan can have serious legal implications. Not only will an unpaid loan ruin credit scores but the business can put the loan into collections or place a judgement against the customer.
What to do if Being sued for unpaid car loan in pa?
Call the loan company and try to work with them. Next step is you loose the car.
Can wages be garnished for unpaid car loan in Texas?
Only if you've been taken to court and the garnishment of wages was ordered by a judge.
Can a payday loan company sue for an unpaid loan?
Yes
Can you avail for multi purpose loan even if you still have unpaid calamity loan?
A multi purpose loan is not able to be availed for if a calamity loan is unpaid. The loanist be paid off before another loan can be availed for.
Can an unpaid ticket stop a car loan?
no
Can you leave Bahrain even if you have unpaid loan?
no...
What is the unpaid portion of a loan called?
Principal
How do you write a condonation letter for partially unpaid loans?
There is no script for writing a condonation letter for partially unpaid loans. Most letters are written from scratch. They address the loan granters and reasons for loan going partially unpaid.
In Texas if you dont pay your home equity loan what happens?
The lender could foreclose on your house.
Is an unpaid personal loan deductible from federal taxes?
NO
