Earlier this year my mom's health drastically changed for the worse and I had no choice but to voluntarily repo her car. The bank that gave her the loan sent her a letter last week that I just got to today stating that they sold the car and we still owe about 8k on it due TODAY. I know I am worried but should I be? What should I do?
I plan on calling some lawyers tomorrow to get legal advice but I've read that some loaners are really petty and can garnish her wages (she doesn't work), take from her property (house is worthless), take from her retirement (doesn't have that much), or take it to court (she's disabled). I reached out to the bank months ago explaining her condition (minor stroke + memory loss + diabetes + high blood pressure) and I've taken her to the hospital and doctor's many times since. Is there something I'm missing?