Without a Ride

[moses johansen]

What is the name of your state? Texas

My husband and I began having financial difficulties about 18 months ago, when we fell victim to the circumstances that surrounded us. Both of us were/are professionals, he was a stockbroker and I am a mortgage broker. I mention this only as reference to the licences that we hold as these are relevant to my question.

For the record, not that it matters, it has always been our intention to pay in full the debts that we owe. As we are struggling to keep things together, if not completely paid up to date, my husband found work out of state assessing insurance claims. That is the upside. The downside is that he had to drive there in his truck which is currently one of our accounts that is not so current. With the background laid, here is my question...

Today I recieved an email from a representative of the company that financed my husbands truck, on an individual purchase contract. My name does not appear anywhere on the contract and I was not a co-signer on the note. I say this not so much to seperate myself from my husbands debt, as to stress that niether I, nor my personal finances have ever been obligated to this company for this particular debt.

However, this representative felt very free to demand that I contact them immediatly in order to arrange for the return of my husbands vehicle. This is a quote from this individual..."Mrs. X, You will return my truck immediatly or we will pursue this in a legal fashion. Your professional license and your home are at stake here. You will ensure that your garage remains open so we can pick up our truck, or we will seek help from higher authorities at your home."

Is this possible? The home that is mention as being at stake is in my name alone, and has not been put up as collateral for any debt other than itself. My husbands credit and income was not necessary for the purchase at the time we purchased the home and so he is not on lien. Regardless, what legal recourse does this company truly have, and does it give them the right or authority to threaten My home or ability to earn?? Please help me, I'm doing the best that I can.