My car repo’ed & auctioned within 2 wks, & now I am being charged $6000.00, how can they do that? Is it legal?

key84 asked:


My car was repo’ed after discussing with a local finance company in the Denver Metro area (Fireside Bank). Tried to find a workable solution to my payments, until I got back on my feet. They said, if I paid them $200.00 in “good faith” they could work out a arrangement with me. (I was only 2 months behind) I paid the $200.00 and 3 days later they repo’d the truck without any written notice and 2 wks later they auctioned it, not allowing any time to reclaim the vechicle and now are trying to stick me with a bill of $6000.00, for a vechicle that they sold for less then the value of the loan, leaving me no more options.
I just want to find out if this is lawful. Any help would be appreciated.

De-Anna