Wells Fargo Autu Financial not being taken care of Philadelphia Pennsylvania
i bought a suv in 2005 from a dealer the finance co is wells fargo auto financial we did ok for a bit but them i went into bankruptsy after that i never got a staement so i had to call in all payments or western union they never told me how far behind i was and i asked for a statement and nothing mt trustee sent in add 1500.00 over a year and a 1/2 and also my payments i have been paying regular payments now they want all 14000.00 how can that be this co wont work with me at all
Upset customer
phila, Pennsylvania
U.S.A.
1 Updates & Rebuttals
Robert
Irvine,California,
U.S.A.
You didn't understand..
#2Consumer Comment
Fri, July 24, 2009
While it is hard to tell exactly. This appears to be a case of your lawyer not explaining the process of Bankruptcy(or you not understanding).
When you file for Bankruptcy the loan is included. Once this happens since the loan is in the BK you will NOT receive a statement. But if you want to keep the car you must still continue to make your payments each and every month. Unless otherwise told you continue to make them for the same amount to the same address.
Because it is a "secured" loan, even if it is in BK you are still subject to the interest and same payment terms. So if you fail to make the payments they have a right to reposess it, which it sounds like what they might have done. The good news(if you can call it that) is that if this happens unlike if it was not in the BK you will not get hit for the deficency balance.
Again, this is just a guess as to what is happening. The best thing you can do is talk to your lawyer where they can explain your exact case in more detail.