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dballard
Guest
My car is about to be repoed, and I received a letter from the Financing agency stating that if I turn over the vehicle, they will fogive any balance owing, and report to credit agencies as settled. Is this legal, and can i take it that settled means a 0 balance. I called them back to see if they could reformat the letter, and they said no, and that settled does mean a 0 balance. They said settled means 0 balance, just not in this letter is it legal to say that it is binding.