Almost two years ago I took out a title loan on my car. A very small one $315 actually. My fiancee paid the bills at that time , always on time. No problem. Then we spilt up. He had agreed that would be one of the bills he would continue to pay. Well he didn't. In the meantime, I had no idea it hadn't been paid. I wrecked the car and a friend of his actually used it for parts. Yesterday I received a voicemail from what I believe is a debt collection agency rather than the title pawn place I had went to, demanding $ 260 or to repossess the vehicle. I no longer have the vehicle, and am also not in a position to pay them at the moment. However in a few weeks I could pay them off completely. Also they are requesting a total balance of $1,200!! Is there any way to get them to settle this for much less? I also realize in some states they could get a warrant for my arrest although I truly had no intent to commit a crime!? (I live in Georgia if this helps). I need to know what all my options are. If I could get them to hold off a few more weeks, settle for less, and get this off my credit?
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