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Posted in Auto Loans
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Question By
Quicksilvertye

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have 17K judgement on vehicle from 4 years ago
I have a judgement on my vehicle from 4 years ago i had been late however always paid it, i still have my vehicle it was never repossessed and i am current and in good standing with the loan. I only owe $8,000 on my vehicle as well this was just brought to my attention by my loan officer while in process of my mortgage loan? Im mind boggled by this considering i have a judgement for $17,600 which is about what i would have owed in 2013. I don't know if this is a huge mistake on the banks end or the courts end, any advice is greatly appreciated. Thanks

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Was the Ioan went unpaid for period of time in the past? Was it ever in process of being repo'd or in collection? Did you ever received a summons or equivalent? You need to sort it out with your lender/bank, judgement don't happen by itself and certainly won't go away by itself.

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