Car Loan Debt Dispute

Summary

If youre dealing with a car loan debt dispute in Indiana, review your loan agreement and document all payment attempts. Excessive debt escalation may violate the Indiana Deceptive Consumer Sales Act. If you havent received written notices due to an address change, you might challenge the lawsuit under the Fair Debt Collection Practices Act. Consider consulting a consumer rights attorney for guidance.

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I had a car laon i was trying to pay but due to covid i fell behind on payements i set up arrangements with the loan company and once i was not able to keep up with the loan i had asked them to just come impound the vehicle they ended up never getting it and are now trying to sue me through a debt collector i made more arrangements to make sure the payments are going through as i have a new job and can afford it now i went to make my first payment and had trchnical difficulties which caused the payment to decline i proceeded the next two weeks to call and never got an answer from the debt company and they kept denying my payments afterward i also recevied the title with full ownership to the car sent to me i also discovered they are esculating the debt higher due to non paent when i have been trying to pay i also contacted the cpurthpuse and they said there was nothing i could do what would you suggest
Chris, it sounds like a complex situation. To better assist you, could you please let me know which state you are in? This will help in understanding the specific laws that might apply to your case.
Indiana
Chris, here are a few steps you could consider:
- Review your loan agreement for any clauses regarding missed payments and vehicle repossession.
- Document all your attempts to make payments and any communication with the debt collector.
- Since you have the title, consider consulting with a consumer rights attorney about the potential unlawful debt escalation and improper handling of your payments.
Your situation seems to have multiple legal angles, so seeking professional legal advice would be beneficial.
Would you like information on how to find a consumer rights attorney in Indiana?
No but should i still attempt to contact the debt agency or go ahead and contact a lawyer as since i cant get the agency to answer
Since you have already tried contacting the debt agency without success and considering the complexities involved (including potential unlawful debt escalation), it would be wise to contact a lawyer. They can help navigate the legal aspects and possibly mediate with the debt agency effectively.
Would you like any more information on this?
No
Chris, given the complexities and the potential legal implications of your situation, contacting a lawyer is a prudent step. They can provide the necessary guidance and advocate on your behalf with the debt agency. If you need further assistance in the future, feel free to reach out. Take care!
With my car payemnts i had the amount down to a total of around * dollars they were trying to collect a bedt of * and now of * is that to high of jumps in the debt ratio on intrest in indiana
Chris, under Indiana law, debt collectors must follow specific guidelines regarding interest and additional charges. If the debt escalation seems excessive, it may be violating the Indiana Deceptive Consumer Sales Act. Consulting with a consumer rights attorney can help determine if these increases are unlawful.
Do you need assistance in finding a consumer rights attorney?
What if we never got written notices abput the debt due to them not adding our new address and they sue even though we never received written notices other than the sue documents
Chris, if you never received written notices due to the debt agency not updating your address, you might have grounds to challenge the lawsuit. Under the Fair Debt Collection Practices Act (FDCPA), debt collectors are required to send written notice of the debt within five days of their initial communication.
- Keep records of your address change notification.
- Gather any proof of non-receipt of notices.
Would you like to know more about the FDCPA requirements?