I had an auto loan for 66 months, the last 2 years of the loan I missed 3 payments, so the bank extended my loan for 3 months. The problem is they failed to notify me of this. Then told me they did not need to nor did they have to send me a new payment book. They also stated that they tried sending out notifications but they were to my old address, which I recieved 2 of those notifications and called and updated the bank with my new address and went over my account and was told with the payment I made that it was "up to date". So now I also get charged the late fee every month which is $63.38 for two years. My payment book has been completed for three months, instead of a title to my truck they repossess and sell it stating I owe $4000 more. My total amt financed was to be 42,127, I paid total 43,600. If they extended my account doesn't that require a signature from me. And if they tried to notify me of being late why did i not recieve any more fowarded notifications or a phone call for that matter. I also was never notified of when they were selling my truck nor of how much they sold it for. Any suggestions please
1 Answer from Attorneys
The bank must tell you how much they are selling your truck for so they can tell you if you owe anything or not. I suggest that you get an attorney to represent you.
Feel free to contact me, free of charge, at email@example.com or at 330-447-7634. I am happy to help in any way that I can.
Thank you and I look forward to hearing from you.
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