Posted by Kal on 5/12/05

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I live in SC and my auto was financed through a bank in
TX. I have fallen behind on my payments and have tried
keeping the bank up to date on my situation. I will have
all the money in 2 weeks. However, today they demanded
payment and said that if they didnt have at least half of
past due tomorrow they would pick the car up on Sat. Can
they do this? I have not received any letters of demand
for payment and someone told me about something called
right to cure. I havent received anything from the bank
except for 1 past due notice and that was on last months
statement. Dont want to lose my car, but no way can I have
what they want by tomorrow. PLEASE ADVISE IF YOU CAN. TKS

Right to cure law, 5/12/05, by Kal.

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