Hey Everyone, Newbie here doing some research. Thought I'd post to get some help on my situation. I own a Ford Powerstroke Diesel through Americredit. I fell behind in my payments and now I just recieved a letter from Americredit (Friday) stating I'm in Default and I owe $22,740. Let me go look into the couch cusions and see if I can find that money to pay them, lol. 1. How long til they actualy come get the truck? 2. I've been reading alot on Americredit, are they going to sue me? Is there anything I can do? I want this Repo off my credit ASAP. How long until I can dispute it? 3. I don't want to be stuck paying an $8,000 judgment or anything and I'm getting pretty scared. 4. Any info on what I need to do or threads I need to read will be greatly appreciated.
1. whenever they want. 2. yes, pay them, there shouldn't be a repo until they actually sell it so they can report the deficiency, it will behard to dispute a recent repo. PFD. 3. well, don't let them repo it - refi it or something. 4. don't know because i haven't been here for awhile.
