Q: I defaulted on a secured loan. They never tried getting the car I put as security? Can they sue me without taking car?
I defaulted on a secured loan. I paid on it for a long time but the loan wasn't getting any smaller. I couldn't afford it anymore. They never came after my car that I secured the loan for but they have just been sending me papers saying they want the money. I never hid the vehicle from them. Do they have to take the vehicle first or can they just sue me for what they say I owe and never take the car?
A: You may be sued without any attempt for the lender to take back the vehicle.
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