Dismissed Chapter 7

I filed Chapter 7 in Tennessee in 1996. It was dismissed in November of that year because I didn't return for the court procedures (I had transferred out of state). I turned in my auto to the lien holders in January of 1996 and there was no other debt I owed except student loans, which are not dischargeable.

I received a letter from a bank yesterday claiming I owe approximately $1,000. I was never notified of owing anything prior to yesterday. This bank bought the bank which I had turned the auto into. They say this is the difference owed from the auto. They are threatening legal action.

Is this right? I already gave them the automobile. How can they send this notification 5 years later? I'm confused and need advice!

Thanks,
Deana

[HomeGuru]

Just because you gave the vehicle to the creditor does not mean that you are off the hook from making them whole. It appears that you owed the difference between your outstanding loan amount and the value of the vehicle. Ask for backup documentation to see the breakdown of the $1000.

Thanks for the info HomeGuru. What do you think about the lack of notification the past 5 years?