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Old 06-05-2011, 12:28 PM
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Default Title Loan in IL

I recently took out a title loan for $3000 and pledge my title to a fully paid for car. I fell behind on their ridiculously high payments and interest and fees and could not make the payments. Now i am receiving threatening phone calls wanting to repo the car and saying they are going to court, etc. What is the real law here and can i negotiate a settlement without giving up the car. should i hire a lawyer?
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