Repossession of Vehicle-Cancelled Debt?
How do I know if my debt has been canceled from the collection agency? I have moved and they don't have my new address. I have not received a 1099 from anyone. How come they have not bothered me anymore? It was a loan through a credit union; the credit union reported as a loss, then collection agency started contacting me. The last time I was contacted was in 2009. The last payment on the loan was in Dec 2006/ The original loan was for approx. $32,000. They repossessed the car and auctioned it. They want me to pay for the difference. First it was $12,000, then they wanted to settle for $9,000.00. Then I didn't hear from them anymore. I live in California. How do I find out if it's been canceled? Every time the phone rings, I panic. Please help me.