MovingForward
Palm Beach Gardens,#2Consumer Comment
Mon, June 25, 2012
Just a little information for you to help clear things up. I have nothing to do with either company you posted about, but it sounds like Ford had obtained a judgment against you for the deficiency balance on the vehicle. Even if you move, the judgment holder can domesticate the judgment in your new location. Judgments last a long time. In most areas they are good for ten years and can be renewed for another ten years. The judgment is a separate public record that may or may not be on your credit report. It does not have to be on your credit for the judgment holder to collect on the judgment.
I don't know the timeline of when your funds were actually taken, but you may be able to get your funds back if its within 30 days of the funds being removed from your account. In order to do that you would have to vacate the judgement. In order to vacate the judgement you would have to show
cause as to why the judgment is not valid. Check legal aid in your area to see if you can get help with this matter.
However, the very first thing you will want to do is to see the judgment against you. Get a copy of your records from the county in which the judgment was filed. This collection against your account may be the first of many - so find out the amount of the judgment to see where you are right now. Also, the judgment accrues interest from the date it was entered so you have many years of interest. I only mention this to you so you can fix the entire issue either by vacating the judgment or getting a full Satisfaction of Judgment recorded so they can't come after your bank account again.