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08-26-2009, 01:13 PM
| | Junior Member | | Join Date: Aug 2009 Location: Cape Girardeau
Posts: 1
| |  Help for disabled Daughter
What is the name of your state (only U.S. law)? Missouri...
My daughter is a veteran and on full disability. She has been in and out of pshychiatric wards for several years. I found out today that a year ago she went to a Title loan company and I believe borrowed $1,000. She apparently did make a payment but did not continue the payment. Yesterday they repossessed her only means of transportation. She made this agreement while in a manic state. She only borrowed $1,000..the car is worth 10,000. They want 3,000 to get the car back but apparently have changed that figure each time we call. The company name is Quick Cash in Springfield Missouri. I need some recommendations as to what to do here. I am her father and want to have legal information regarding what rights we have and if her being mentally ill would be some kind of defense to get her car back. |
08-26-2009, 01:45 PM
| | Senior Member | | Join Date: Jun 2004
Posts: 7,575
| | Quote:
Originally Posted by CAT ANDERSON  What is the name of your state (only U.S. law)? Missouri...
My daughter is a veteran and on full disability. She has been in and out of pshychiatric wards for several years. I found out today that a year ago she went to a Title loan company and I believe borrowed $1,000. She apparently did make a payment but did not continue the payment. Yesterday they repossessed her only means of transportation. She made this agreement while in a manic state. She only borrowed $1,000..the car is worth 10,000. They want 3,000 to get the car back but apparently have changed that figure each time we call. The company name is Quick Cash in Springfield Missouri. I need some recommendations as to what to do here. I am her father and want to have legal information regarding what rights we have and if her being mentally ill would be some kind of defense to get her car back. | I don't know if there is anything that CAN be done, but I'd start my search here:
http://ago.mo.gov/consumercomplaint.htm
__________________ Quote: |
Originally Posted by me Then start crying uncontrollably. If that doesn't work, fill your pants with shaving cream and start screaming about the voices in your head. Maybe they'll feel bad enough about your other problems and let you out of the ticket. | |
08-26-2009, 03:13 PM
| | Senior Member | | Join Date: Jul 2005 Location: Missouri
Posts: 3,803
| | Quote:
Originally Posted by CAT ANDERSON I am her father and want to have legal information regarding what rights we have and if her being mentally ill would be some kind of defense to get her car back. | Are you her legal guardian? If not, you have no rights in this situation. Quote:
Originally Posted by CAT ANDERSON She made this agreement while in a manic state. | That is unfortunate. Quote:
Originally Posted by CAT ANDERSON She only borrowed $1,000..the car is worth 10,000. They want 3,000 to get the car back but apparently have changed that figure each time we call. | Every time you call, there are additional costs to consider - interest, repo fees, storage fees ... Quote:
Originally Posted by CAT ANDERSON I need some recommendations as to what to do here. | Get out your checkbook. Pay off the loan. You could buy the car from her and loan it to her. But I would recommend you discuss that with your attorney as liability for loaning a mentally ill person a car could be rather high. Or you could just buy her a bus pass - Springfield has a pretty good bus system. I went to college there many years ago.
DC
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Three books every person should read cover to cover at least once: The Richest Man in Babylon, The Complete Works of Shakespeare and the King James Bible. -- If you can't learn how to live a happy successful life from those books, you are beyond hope. Quote: |
OP needs counseling...not a court house. --Zigner | |
08-26-2009, 03:41 PM
| | Member | | Join Date: Jul 2009 Location: Tauro Law School
Posts: 257
| | | If they are forced to sell her car, your daughter will get back all the surplus monies from the proceeds of the sale. |
08-28-2009, 03:09 AM
| | Member | | Join Date: Aug 2009 Location: Texas
Posts: 30
| | Quote:
Originally Posted by dfromnyli If they are forced to sell her car, your daughter will get back all the surplus monies from the proceeds of the sale. | but, they may not have to sell it for more than she owes them... |
08-28-2009, 12:28 PM
| | Member | | Join Date: Jul 2009 Location: Tauro Law School
Posts: 257
| | | if her car is really worth 10k that would usually sell for about 5-6k. |
08-29-2009, 09:25 AM
| | Senior Member | | Join Date: Jul 2005 Location: Missouri
Posts: 3,803
| | Quote:
Originally Posted by dfromnyli if her car is really worth 10k that would usually sell for about 5-6k. | Plus auction prep, plus additional storage, plus auction fees, plus shaky economy and just completed Cash for Clunkers -- I don't think the OP will see a dime and it may well leave a balance.
DC
PS - debtor always think their crap is worth more than it is.
__________________
Three books every person should read cover to cover at least once: The Richest Man in Babylon, The Complete Works of Shakespeare and the King James Bible. -- If you can't learn how to live a happy successful life from those books, you are beyond hope. Quote: |
OP needs counseling...not a court house. --Zigner | | |
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