On July 15 I trade my Honda Accord vauled at 7,500 and $5,000 cash in on a 2002 ES Lexus 300. My notes were $544.64 per moth for 48 months. The car had 67,000 (plus) miles; but the Dealer ship financial person wrote 23K miles. Anyway, the loan went through and I purchase (a 1 time fee) $599.00 for any disablity claims that may arise. The car price was $26,500 before my $12,500 down payment.
Within the fist 8 months I suffered a serious head-on car accident and reported it to the GAP / Toyota Motor Credit Corporation and was told that the car notes would be met-pending a medical evaluation. The medicail information was submitted and my attorney's information as well. I was told a week of two later that my car payments were taken car of until the Doctor releasses me. Two more car accidents and three years of chapter-7 bankruptcy (3 years) later. Toyota Motor Credit filed a lawsuit against me for a motion to relief of stay and that I owe them $17,472.70 but the car is only worth $9,000. I couldn't believe it! In addition, when I tried to defend my self the bankruptcy was suddenly discharged and now I recived a cure the default notice or surrender the car. What is going on? When I contact TMCC they wanted nothing to do with me concerning my claim and denial of the debt as well as a reaffrimation agreement. I was told you have 2 weeks to cure the default or else.
Victoria
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