Re: Can the finance company do this?

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On 9/07/04, john wrote:
> I'm from Texas. I missed a couple of months of car payments
> at which point the car repo people were looking for me and
> my car. At this point, as soon as I found out and realized
> I had missed payments, I immediately sent checks by mail
> totalling close to what I believed I owed on the car along
> with letters asking the company to please inform me how
> much my balance is, so that I can pay off the car. They
> have cashed all of my checks yet they have not reponded to
> my letters asking them to let me know what the balance is
> so that I can pay them the balance in full. Can they just
> take my money and ignore my request and still try to repo?
>
> Any advice is appreciated.

Sure they can! You're in default on your loan and, from your
post, only attempted to contact them AFTER you defaulted.
Most lenders don't take kindly to this. They can cash your
checks because you owed them the money; they can take the car
because you defaulted on the loan and still owe them money
and yes, they are ignoring your letter(s) because they want
to speak to you and tell you what THEY want, not what you
want to give them.

Call them IMMEDIATELY!!! It may help, it may not but it's
worth a try...

PS - What do you mean by "as soon as I found out and realized
I had missed payments"? You know you missed payments.