Hi. I purchased a car in 1999 that was repossesed by the finance company about 8 months later. The total finance charges were about $4,000.00. Ijust received a "Notice Of Renewal Of Judgment" letter today from the Debtor. It also states that if I object to this renewal I may make a motion to vacate or modify the renewal with the court. What is the procedure and will I still have to pay the money for a car that was repo'ed almost 10 years ago. I live in Calif. What would be a viable defense, The car was probably resold so they got part of they're money back.
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