LeroyM Posted April 2, 2012 Report Share Posted April 2, 2012 I have a vehicle in my possession that was charged off by the OC, can i still get this removed from my credit report legally? Charge off pass the 7 year reporting period? Link to comment Share on other sites More sharing options...
crash5050 Posted April 2, 2012 Report Share Posted April 2, 2012 Now why can't that happen to me? I miss one payment and the dang thig would be gone the next day. It has happened once or twice... Link to comment Share on other sites More sharing options...
1stStep Posted April 2, 2012 Report Share Posted April 2, 2012 Dispute it and see what happens... Link to comment Share on other sites More sharing options...
WhoCares1000 Posted April 3, 2012 Report Share Posted April 3, 2012 You can dispute the CR but I would be more worried about what would happen once the vehicle is no longer functional. Link to comment Share on other sites More sharing options...
1stStep Posted April 3, 2012 Report Share Posted April 3, 2012 Most likely, you will never get title to the vehicle...they will hold it until you can negotiate a payoff... ///If you want title, I would suggest contacting an attorney... Link to comment Share on other sites More sharing options...
legaleagle Posted April 3, 2012 Report Share Posted April 3, 2012 Most likely, you will never get title to the vehicle...they will hold it until you can negotiate a payoff... Which also means you can't sell the vehicle to anybody. They'd never be able to register it. Link to comment Share on other sites More sharing options...
1stStep Posted April 3, 2012 Report Share Posted April 3, 2012 So the OP needs to decide what to do...Disputing it will probably make them call out the hounds so to speak...they might be sued and hit with a writ of replevin...The OP can maybe contact an attorney to negotiate some sort of solution - but as long as this has gone on, I doubt the lienholder is wanting to play nice.... Link to comment Share on other sites More sharing options...
WhoCares1000 Posted April 3, 2012 Report Share Posted April 3, 2012 Problem is, what will the lienholder get at this point. A car that is probably not worth anywhere near what the current balance of the loan is. They might try for a judgement but then what. To get one, you have to play nice with the repo. One misstep and you can kiss the deficiency balance goodbye. At this point, the lienholder is really not in much of a position to get much more than the car is worth. Link to comment Share on other sites More sharing options...
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