ansan12001
Member
What is the name of your state (only U.S. law)? california
I know everyone says it but, really, the debt is not valid. An towing company is charging me for fee's (1300.00) from an impound, my friend was using my car and had a medical emergency while driving. I could not afford to get the car out, the tow company sold the car at auction for 500.00. Kelly Blue Book value for the car is over 2500.00. In my research, I found out why the car was sold for 500.00; California law states that an impounding agency can still collect the remaining balance of the fee's from the owner (in this case 1300.00) if the car is valued and sold for 500.00 or less at auction......Ummm, seems like the tow company is pulling a dirty trick. Now I am in collections for the 1300.00. Is there anything I can do about the collections company from reporting this to the credit agencies, since the value of my car appears to be much more then what it was sold for at auction?What is the name of your state (only U.S. law)?
I know everyone says it but, really, the debt is not valid. An towing company is charging me for fee's (1300.00) from an impound, my friend was using my car and had a medical emergency while driving. I could not afford to get the car out, the tow company sold the car at auction for 500.00. Kelly Blue Book value for the car is over 2500.00. In my research, I found out why the car was sold for 500.00; California law states that an impounding agency can still collect the remaining balance of the fee's from the owner (in this case 1300.00) if the car is valued and sold for 500.00 or less at auction......Ummm, seems like the tow company is pulling a dirty trick. Now I am in collections for the 1300.00. Is there anything I can do about the collections company from reporting this to the credit agencies, since the value of my car appears to be much more then what it was sold for at auction?What is the name of your state (only U.S. law)?