I bought a Craftmatic adjustable bed from the company in scottsdale AZ, and they told me that if I sent the check to pay it off to their company, they would forward it to the finance company. A little over a week ago I did, and then the finance company called and told me that the company I originally bought the bed from had gone out of bussiness and sold the franchise to this company and this company told them that they were just going to cash the check and pay off some bills, even though they obviously knew I would have pay off the finance company again! I managed to get the check stopped in a nick time but it still tics me off. It was for nearly 3,000 dollars. What is your oppinion?
2007-01-18 20:12:32 · 4 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
ALWAYS PAY ONLY WHOEVER HOLDS THE NOTE OR CREDIT CONTRACT ON YOUR GOODS.....OTHERWISE ANY THING COULD HAPPEN----I WILL NEVER FORGET WHEN WE WERE MARRIED THAT WE TOOK BACK A WEDDING GIFT TO THE STORE IT WAS PURCHASED FROM & THEY GAVE US A DUE BILL( NOT CASH) GOOD ANYTIME --------3 MOS. LATER THEY HAD SOLD THE STORE TO SOMEONE ELSE---WE SHOWED THEM AND THEY JUST LAUGHED AND SAID THEY DIDN'T OWE US ANYTHING BUT THE PREVIOUS OWNERS OWED US ----WE JUST CAME BACK TOO LATE....HA-HA-HA
2007-01-24 18:43:25 · answer #1 · answered by Dave F 4 · 0⤊ 0⤋
The monetary organization has an "insurable activity" till eventually the motor vehicle is paid off it truly is for 5 extra years. The monetary organization is likewise confirmed on your coverage because the motor vehicle is financed till eventually it truly is paid off. The monetary organization will both request information that the motor vehicle is repaired previously they're going to recommend that verify which will be paid to the body save on your upkeep. both way, you could't money that verify era. Now if the motor vehicle were paid off, you would possibly want to money the verify, yet likely the coverage corporation in case you fail to fix, might want to take off your collision/complete and all you would possibly want to have is criminal duty coverage.
2016-11-25 19:57:21 · answer #2 · answered by merriweather 4 · 0⤊ 0⤋
The company must not use the check for any other purpose but only for payment to the finance company. If you want to file a claim, you can do it against the company.
2007-01-18 20:16:56 · answer #3 · answered by FRAGINAL, JTM 7 · 1⤊ 0⤋
Look up theft in the dictionary
2007-01-18 20:57:45 · answer #4 · answered by Anonymous · 0⤊ 0⤋