In 2001 I purchased a car, a new Kia that was financed thru Ford Motor Credit. Made payments (For the life of me I do not recall how much the payment were. I'm thinking 300 odd dollars per month) for at least 2+ years when I experienced a sudden, severe medical problem that put me off work for years. With no resources the car was repossessed. 5-6 years ago, after returning to work, the loan suddenly caught up with me and my wages were garnished. They collected money from me for approximately 2 years-will have to dig out old records to find out how much. I do recall that I had not been notified of a court date seeking a judgment against me and the first I knew of it was when my wages were garnished. The garnishment went on for about 2 years, till I was laid off from the job. I also recall in the papers that they were garnishing me for the entire amount that I had originally financed. After being laid off I got a new job a couple months later and have worked it for 3 years with no word of this loan. Today, I received a letter from, what I believe is a different law firm, also demanding the original amount financed ($14,133.26) but are willing to settle for $7,109.80 and want the money by March 20th. My â??second optionâ? is to pay the full amount plus statutory interest of $329.59 per month. I do not have that kind of money and believe that with what I originally paid, and paid thru the garnishment the principal at least would be close, if not paid off already. Plus they got the car back. I really need advice on how to handle this. Thanks, sorry this is so long.