Ultimate Finance Knowhow

lucky asked:


What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy? No payments have been made in 14 months…Bankruptcy discharged in June of this year. Finance company has our current address and phone number.

Hiram

Jerry M asked:


I have a loan with a small finance company. They have not been sending me monthly statements. When I ask why, they say they do not do that. How am I supposed to know what is being charged on this account? Is it legal for them not to send statements?

Elvis