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Gammo's Achievements

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  1. Thank you so much WhoCares....your post has helped so much, more than I can describe
  2. Wow, that's interesting. Is every time a collection agency calls you after they know you have a lawyer added as a separate violation? I've been keeping track of the calls, and what was said etc. & I've found the FDCPA in the resources on this site but how do you go about pursuing it if you don't use a lawyer? Is there a step by step guide on the site that I haven't found yet?
  3. Thanks, these are all good points. GAP insurance is also known as Guaranteed Auto Protection or Guaranteed Asset Protection and as GAP within the North American financial industry. GAP is the difference between the actual cash value of a vehicle minus all deductible perils (if at fault) and liens (especially in Canada) and the lease or loan balance minus financed soft products (such as its own cost) or negative equity on a trade. GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies require it.[1] GAP insurance covers the amount on a loan that is the difference between the asset value and the amount covered by another insurance policy. Some GAP policies also cover the deductible. This coverage is marketed for low down payment loans, high interest rate loans and loans with 60 month or longer terms. GAP insurance is typically offered by a finance company at time of purchase. Most auto insurance companies offer this coverage to consumers.[2]It comes into play if the car is stolen or totalled (damaged to the point that repair would cost more than the car is worth) while the owner is still making payments.
  4. Thank you. It's interesting how they can do all kinds of things. I wonder if they can find a way to cover it under the GAP Ins he got when he got the loan.
  5. Once again...thanks Coltfan! You've cleared up a lot, I'll sleep better tonight!
  6. [QUOTE=Denita;1180677]Gammo, you probably know this already, but if you have a deposit account (any type of checking, savings, CD etc) in the CU that did the repo, get it out now if you can. The CU will cross collateralize all of your deposit accounts against what you owe them. If you can't remove the funds, don't deposit anything else into the account. Open up new bank accounts somewhere else to protect yourself.
  7. If they sue before the BK does it cost extra in legal fees for additional work to get them removed? I've also noticed that things manage to get in records that don't really get removed, they seem to still pop up many years later. For instance I've heard on a scanner when a person is stopped the dispatcher says x # of violations, this one, this one & this one older than 11 years. Supposedly here violations come off after 3 years, so why are they still counted that far back, esp. when there's been nothing for 11 years? I know this is apples and oranges but it does seem that other legal issues are similarly still noted.
  8. Just to update. The calls have been continuing 7 days/week, every 2 hours for months. I finally picked up & a human eventually picked up & they asked for my son. I said there's no one here by that name. She asked if he lived here & I said no. So then she said "this call is being recorded". I said "Good--then you can tell me who you are and what gives you the right to harass a person 7 days/week. She said IF he doesn't live here then she can't talk to me because it's a personal matter. I said well this is my phone you've been calling and my life you've been ruining so I darn well have a right to know who you are. I've already filed a complaint with the FTC & it's being investigated. Do you want to make it worse? She finally said it was Capital One. She would take me off the list. My son said they've already been calling him anyway. I don't know who they think they were calling. Since I answered as if it was a residence that may be why they asked if he lived here but I do his books & I think they were calling his business number. Anyway, I hope I have my life back--1 down, 6 more to go........
  9. Adverse hearing? I'll have to look that up....they certainly have come out swinging. We haven't done a thing to those vehicles. They were sitting there waiting for them to come get them. He did sell whatever he put on as extras, things like chrome on the bike & a visor on the truck, etc. He's got 2 babies to feed & his job has been very sporadic.
  10. so that's why a person's insurance goes up when there's a bankruptcy because of all the additional time, hassle and expense incurred by the bank's greed..... I appreciate all your time in explaining all this..........
  11. I wondered if they'd try something like going after our insurance co for their imaginary issues as a way of making a buck. I have a feeling they're not done playing their games. Thanks for your input, it helps to understand a lot of things and to also not feel like we're scum--esp for false accusations........
  12. Thanks. I'm going to look into that because that's exactly what's going on. By "other laws" do you mean FDCPA? I'm lost in all this so I might be asking stupid questions, but I thought the FDCPA applied only to Collection Agencies not the OC? Or did you mean other state laws? I'm swamped right now with other crises (never rains but it pours) & I've been wanting to study up about another situation that is a collection agency who has continued to harass us with a lot of violations of the FDCPA. I am my sons's bookkeeper for his business so they've been harassing both of us. I'm also getting "Unknown Caller" calls 7 days/week about every 2 hours every day. I didn't get very far with the phone company but I did file a complaint withthe FTC but I doubt if that will help much. Anyway, the Credit Union is slandering us and I do want to pursue defending our reputation.....
  13. Thank you, I thought I read something to that effect but can't put my hands on it...I just don't understand how the Credit Union can go around saying stuff like that that isn't true. The vehicles have been parked since he hasn't been able to pay for them and there's nothing wrong with them. No one gave the repo guy any trouble at all and even the repo guy didn't understand why the Credit Union was saying this stuff. This is a small town. It's bad enough to go bankrupt but why are they able to stomp on what little reputation you have left?
  14. we just had 2 vehicles repossessed. Credit Union is making all kinds of accusations. We removed the extras that we put on the vehicles and we sold them. Don't we have a right to do that? Today police went to one of the people we sold some of the stuff to and threatened that they were going to be charged with receiving stolen goods???? When the repo guy came to get the vehicles he said--geeze these don't look bad....Credit Union said for him to hurry up and get them because they said we threw logs against the vehicle---holy cow--how do they come up with this stuff? He even said we could remove the extra chrome on the bike as long as we had the original to replace it with. He said we didn't even have to put it on we just had to give it to him which my daughter in law did. We may have fallen on hard times but we're not monsters or criminals for heaven sake!!!!!!! How can Credit Union go around making these accusations?
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