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Smart Shopper Repossession Stories and Questions
101 messages, Last post on Nov 12, 2009 at 9:13 AM
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Replying to: ncsuchris (Jan 23, 2007 5:01 pm) |
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Replying to: ncsuchris (Jan 23, 2007 5:01 pm) As the previous poster stated, they called your cell phone because that is probably the only phone number they had for your friend. My guess is they were probably looking for him and assumed that since he called from this line, it was his. Also they have a contract that requires payment for the car. Since the payment was 4 months late, they have the legal means to use whatever methods at their disposal to retrieve the car. Looking up the contact information on a number your friend called them is probably one of them. Not sure how you were harassed. You should be blaming your friend for sticking you with a car that was 4 months late and using your cell phone to contact the loan company. If he was having trouble with the government "screwing with their pay", he could have called the loan company, explained it to them and arranged alternate payment. They want the money, not the car. I have a tremendous amount of respect for anyone who put their life on the line so I can enjoy my freedoms. but don't use that excuse here. Please put the blame in the right place...your friend. there are protections in place to help those in the military, your friend did not do what he needed to do. |
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Replying to: ncsuchris (Jan 23, 2007 5:01 pm) 1. I'm not buying the story that this debt is the military's fault for "screwing with" your friend's pay. I think that's probably an excuse for poor money management, to be honest with you. 2. There are plenty of protections.... The Soldiers and Sailors Civil Relief Act of 1940 prevents creditors from taking adverse action (e.g., car repossession and eviction) against a military member during deployment. This does not mean, however, that military families can ignore their obligations while a service member is deployed. Being in the military isn't a 'get out of jail free' card on not paying just debts. 3. The services offer plenty of help in trainingg young soldiers,sailors, and airmen to handle their finances DoD Trains Military Members to handle finances 4. There are consequences for your friend for not straightening things out. At a minimum, his cost for credit is skyrocketing. More seriously, he could have a security clearance denied or revoked. Most seriously, under circumstances when the member deceives, evades, makes false promises, or demonstrates a grossly indifferent attitude toward the debt, the failure to pay can be punishable under the Uniform Code of Military Justice. You might considering calling your friend and tell him to quit making excuses and start making payments. He can get in way too much trouble for a 20 year old to handle, over something as stupid as a car. |
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Every month for 24 months the Company Commander handed me my pay, after my sharp salute. From the starting E-1 $95/month up to the E-5 $225/month. Never had any problems getting paid. October 1966 to October 1968. |
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I got a question i got a honda accord and its a lease i do not want to terminate it but i need a lease pymt to be postponed unitl nxt mth. I lost my gig and i just found another a state job stable that is. Will honda work with me??? i just got my auto in july i made my 1st 2 pymts ontime so i am wondering will they help me. I am going to call honda in the morning so will they help or am ilooking at a repo which i do not think so but help???
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Replying to: mookie14 (Sep 09, 2007 1:58 pm) I had an 02 Honda Ody that I bought new. Maybe 6 months into a 5 year loan I had a seizure and as I'm the one who does the bill paying things got backed up here and there. I called American Honda Finance and proposed a solution to the fact that I was now paying each month late. I asked that they push the whole loan back a month. I'd still make monthly payments but we'd skip the current month and add it on at the end. They took that offer. Honda doesn't want to repossess the car if they can avoid it. It's a pain for them and they likely lose you as a customer when thing improve on your end. Call them up and spell out your problem. I'm betting they work it out. If the first person you talk to doesn't, ask for a supervisor.
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Replying to: fezo (Sep 09, 2007 4:42 pm) |
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Replying to: mookie14 (Sep 09, 2007 1:58 pm) With so many people falling into serious credit trouble, most finance companies are glad to work with those who actually WANT to pay.
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Replying to: kirstie_h (Sep 10, 2007 7:44 am) His Mortgage co (Countrywide... ) is being a jerk but everyone else is fine with it. He has excellent credit too.
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Replying to: im_brentwood (Sep 10, 2007 10:46 pm) It doesn't surprise me that countrywide is being a jerk about it. They are on the verge of bankruptcy and probably need his mortgage check to make payroll for the month.
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