Posted on: 18th Mar, 2010 12:34 pm
my mom was primary signer on a car I bought in 2005- long story short- i lost job and was making partial payments in which car company told me they could not accept and even returned a check to me at that point i was told i could do a voluntary turn in and I told them to come get the car. my car did not get towed away until 2007 and my mom received a call stating it had been charged off and will remain on our credit for 7 years. Now 3 years later she received a call from "toyota" asking for full payment of 10k+ or a 50%disc. of 5k+ (WHICH I JUST DON'T HAVE) They said we can not set up payments for the discount amount and that we have two days to call back or they will attach my moms wages and put a lien on her house.... HELP...CAN THEY DO THIS?
1. check the statute of limitations. if it's passed it then they can't do anything
2. they cannot lie and say they will put a lien on your mom's house. that's against the law, and you can sue them for that
3. they need to win a judgment in order to put a lien on your house which means you would have to been served with court papers
2. they cannot lie and say they will put a lien on your mom's house. that's against the law, and you can sue them for that
3. they need to win a judgment in order to put a lien on your house which means you would have to been served with court papers