- Each state has its own laws regarding towed vehicles.
- Consult with an attorney in your state to learn your rights and options.
My car was towed, and now the towing company wants to sell my car. What can I do?
My car was towed by a wrecker service and there were fees owed on the storage fees. The fees were $500 as told by the owner's wife. When i went to pick up the vehicle they stated they wanted $2,050. I have nothing in writing, but everything stated was verbal and i had my mother with me to verified that conversation. Now they are trying to acquire my vehicle by getting the tilt to my car. i did notify DMV and they told me that they would put a flag on that process until they receive it from the towing company. What can i file to stop them from these actions?
I cannot offer much useful advice because 1) You do not mention which state you live in, which may have laws protecting consumers with towed vehicles, 2) You do not say how much time elapsed between when you were quoted the $500 fee and when you went to retrieve the vehicle, 3) You do not mention why the vehicle was towed, 4) You do not mention the value of the vehicle or if it has a lien on it.
Because I know so little about your situation, I will recommend that you contact your county bar association and learn the name of an attorney in your area who has experience in consumer law. If you cannot afford an attorney, then ask the county bar association for the name of the local agency that assists low- or no-income people with legal issues. Make an appointment with a paralegal or attorney with that agency and bring all of the paperwork relating to the towing and the ownership of the vehicle to the meeting. Listen to your options, and act accordingly.
I hope this information helps you Find. Learn & Save.
Dealing with debt
Mortgages, credit cards, student loans, personal loans, and auto loans are common types of debts. According to the NY Federal Reserve total household debt as of Q2 2022 was $16.15 trillion. Housing debt totaled $11.71 trillion and non-housing debt was $4.45 trillion.
A significant percentage of people in the US are struggling with monthly payments and about 26% of households in the United States have debt in collections. According to data gathered by Urban.org from a sample of credit reports, the median debt in collections is $1,739. Credit card debt is prevalent and 3% have delinquent or derogatory card debt. The median debt in collections is $422.
The amount of debt and debt in collections vary by state. For example, in North Carolina, 33% have any kind of debt in collections and the median debt in collections is $1570. Medical debt is common and 20% have that in collections. The median medical debt in collections is $742.
Avoiding collections isn’t always possible. A sudden loss of employment, death in the family, or sickness can lead to financial hardship. Fortunately, there are many ways to deal with debt including an aggressive payment plan, debt consolidation loan, or a negotiated settlement.