Ok here is the deal. he CAN NOT REPO your car. He CAN sue you, obtain a judgment and do an EXECUTION ON CAUSE OF ACTION on the judgment which includes taking your car and selling it at auction. they must first pay off the 1st lien holder which as you state is AHMC, after they pay this off any other money that is collected in the auction will be placed towards your account. He is using a crappy tactic but it is within the law providing he intends on doing it. They will more than likely garnish wages and bank accounts first to attempt to get it collected. Keep in mind also that he is not supposed to leave anything other than his name and phone number on an answering machine UNLESS he is a first party collection, IE Chase Bank collecting for Chase Bank, then he can pretty much say and threaten all he wants because the FTC and FDCPA do not apply in 1st party collections. I would suggest stepping up to your responsibilities and paying the debt. Answer the phone next time and make some arrangements. Good Luck
by biwagirl20 - 21 hours ago
The only one that can repo your car is who you owe. Sounds like he is looking at your credit report.
by Deb S - 21 hours ago
If ANY auto finance company threatens repossession, they must mail you a notice, called a "right to cure". If they don't provide you with the right to cure notice, which states everything about the delinquent payments, as well as the date by which you must "cure" your default (pay the payments), then they can't collect anything more if/when they DO repossess the car. The cure period is usually 10 days. I'd suggest YOU contact AHFC and ask them what's going on...and why their man is threatening repo. Ask them about that cure notice, they'll shut them up.
by Billie - 21 hours ago
i dont think you have to worry about that, that guy is probably scaring u out of nothing, coz what u said , thats nothing related to ur car
by ? ? - 21 hours ago
why don't you talk to this person and see who he is with? and what it is all about? and then maybe call American Honda and tell them that someone outside of their company is threatening to take your car. legally a bill collector cannot make any form of threat to you... you may want to talk to someone else there about reporting him
by CoopyDoopy - 21 hours ago
It is against the law for him to threaten you. Tell him to respond in writing and stop calling or you will report him to the FTC. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm
by Pj G - 21 hours ago
Who is the bill collector? They can't take your car if it's not the person you owe for the car. Only the place financing the car can take the car. Answer the phone or return the calls. That's the only way to resolve the problem.
by allmyluv2my3 - 21 hours ago
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