Hi everyone, hope everyone is having an awesome day! I had a quick question, and I did a very light scan to see if any of the other topics in this forum had similarities, sadly it didn't but I'm crossing my fingers Ill get them!
First off I live in Georgia.
My issue is, we received a repo notice from our bank about my vehicle, my husband had an accident back in October where he fell 20ft at work and hit pavement and I was in the final stages of my pregnancy so money hasn't come in quite the abundance that others might have, regardless of this and with full understanding of our current situation we are just under the pretense of, "we have each other and that's fine." We got the notice awhile back but from my understanding, for some reason, they are not listed as lien holders on my vehicle. Today I got a notice from Credit Karma and went to check it, it said my account with my truck had been closed, I got an email from my bank shortly after so I proceeded to call. The woman informs me, "The account has been charged off, that means you will no longer incur interest fees or late payments."
I just would like to know what my rights and responsibilities are.
First off I live in Georgia.
My issue is, we received a repo notice from our bank about my vehicle, my husband had an accident back in October where he fell 20ft at work and hit pavement and I was in the final stages of my pregnancy so money hasn't come in quite the abundance that others might have, regardless of this and with full understanding of our current situation we are just under the pretense of, "we have each other and that's fine." We got the notice awhile back but from my understanding, for some reason, they are not listed as lien holders on my vehicle. Today I got a notice from Credit Karma and went to check it, it said my account with my truck had been closed, I got an email from my bank shortly after so I proceeded to call. The woman informs me, "The account has been charged off, that means you will no longer incur interest fees or late payments."
I just would like to know what my rights and responsibilities are.