Re: CA settlement down 300%
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Posted by Why Chat (209.240.198.61) on January 20, 2003 at 16:07:45:
In Reply to: CA settlement down 300% posted by Repossessed settlement on January 20, 2003 at 14:56:10:
A repossession in 1997 with a LEGAL resale that generated a deficiency is only valid for a claim on the deficiency for 2 years from the date of resale. You owe NOTHNG to anybody. RMA is trying to get $$$ from you on an account that is not a legal debt.DO NOT pay them a ¢. The repo and subsequent resale was likely not even done in accordance with the laws, otherwise, your original creditor would have fled suit against you in 1997, since they did not carry out the repo STRICTLY LEGALLY, they are not entitled BY LAW to any deficiency. These collection agencies live off the lack of knowledge of victims like yourself.
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