Q: Owed money on vehicle but asked credit acceptance to come get it due to my dad passing 2 years ago but received title
Lawyers, want to be a Justia Connect Pro too? Learn more ›
- (916) 704-3009
- View Profile
- Answered
A:
I'm sorry to hear about your father's passing and the difficulties you're facing with your vehicle loan. It seems there may have been some confusion or miscommunication with the lender, Credit Acceptance, regarding your request for them to repossess the vehicle and your receipt of the vehicle title. Here are a few things to consider and steps you can take to address the situation:
1. Review your loan agreement: Look over your original contract to understand the terms and conditions regarding defaulting on payments, voluntary repossession, and the process for receiving the vehicle title.
2. Contact Credit Acceptance: Reach out to the lender to discuss the situation. Explain that you requested them to repossess the vehicle due to financial hardship but have now received the title. Ask for clarification on the status of your loan and any outstanding balance.
3. Verify the title's authenticity: Ensure that the title you received is genuine and officially released by Credit Acceptance. If you have doubts, contact your local DMV or the lender for confirmation.
4. Explore your options: Depending on your financial situation and the lender's response, consider your options moving forward. These may include:
- Selling the vehicle to pay off the remaining loan balance
- Negotiating a settlement or payment plan with the lender
- Voluntarily surrendering the vehicle to the lender
- Seeking legal advice if you believe there has been an error or miscommunication
5. Seek financial and legal assistance: If you're unsure about how to proceed or need help understanding your rights and obligations, consider consulting with a financial advisor, credit counselor, or attorney specializing in consumer protection and debt management.
Remember, clear communication with your lender is crucial in resolving this issue. Be proactive in addressing the situation and exploring your options to find the best solution for your circumstances.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
