I posted several times about my situation but I need to back track,wondering if I have a loophole here. I purchased a car and kept up with the payments although slow at times. 2 and a half years later my loan was sold to another company. At that time I stopped paying completely as I just couldn't keep up. I never made one payment to the 2nd loan company and let the car go back. I now have an attorney representing the 2nd company calling and they have sent me a letter. Also, I noticed on my credit report the 1st company shows the loan as sold with a balance of just over $9000, 2nd company has listed it as a charge off in the amount of just over $9000. The attorney said my balance is over $14,000. I plan to request validation but could this work to my advantage since the loan was sold and I never made them a payment? Any advice? (I am still within the 4 years SOL for my state)
