Michigan UCC

[Trish]

That particular letter is to use specifically for repos.
Did you have a repo, Crisis?

[CreditCrisis]

yes. it was a voluntary surrender and is of coruse reporting as a repo

[Trish]

Then yes! Look over the repo info that I posted in this thread and see if it applies to you.

Illegal to delete debt from reports?

[jlyriq]

So i got a letter(s) from the car loan people i sent for there failure to notify me or resale and this is what i got.


First letter

This letter is being written in response to your correspondence received April 29, 2009, in which you are requesting validation of debt on the above referenced account. Enclosed are the following items you requested:L

1. Retail installment Contract and security agreement
2. Notice of our plan to sell (which i never received)
3. Explanation of calculation of surplus or deficiency

Please review the enclosed documents that are validation this debt and contact me within 14 days from receipt of this validation, or your dispute will be considered resolved.



Respectfully,

xxxxxxxxxx



Date of Notice: 11/24/2008 Notice of our plans to sell vehicle

we have your vehicle, bearing the VIN #xxxxxxxxxxxxx, because you broke promises on our agreement.

we will sell your Vehicle at a private sale sometime after 12/15/2008.

the money that we get from the sale will reduce the amount you owe.

you can get the vehicle back at anytime before we sell it by paying us the full ampunt you owe, including our expenses. To learn the exact amount you must pay, call us at 800-342-9252


and then it just says some generic stuff. My question is what do i do next? what letters do i send now because i didn't send a validation of debt letter and i never received at letters of plan to sell.

[Trish]

I will have to refresh my memory and look back at my paperwork and whychat's suggestions.

I will try to come back tonight and give you an answer.

[jlyriq]

cool Thanks

[Trish]

Ok, I'm still lookin for answers but just realized something...

You're letter above states they were going to sell it sometime after 12/15/2008?
I thought this repo was 2 years old? Did they wait THAT LONG to sell it??

[jlyriq]

:-) sorry I didn't even know I put 08 down they took it may of 07

[Trish]

Oh...ok. But still......I think they have to sell it faster than that. They waited 7 months to sell it?

[jlyriq]

Yea they waited that long