answersLogoWhite
Ask
Repossession
Auto Insurance
Liens

What is the legality of having to pay for a car that was voluntarily turned over a yr ago and being harassed about the amount due?

434445
Answer

Top Answer
User Avatar
Wiki User
2011-09-14 10:43:30
2011-09-14 10:43:30

Yor best bet is to try and ask for a settlement, but they may not offer one, as you may know by now a voluntary repossession will show up on your credit the same way a involuntary repossession will. you are required to pay the remainder of the balance. sorry but that's in your contract. you can also try to look at the fair debit collection act, and the uniformed commercial code to see if they are violating any statues involed in trying to collect a debit , if they are i would say to get it on tape and call a lawyer. I cover other topics about the repossession industry and banks breaking the law to collect a debit at www.stoptheREPOman.com

1
0

Related Questions

User Avatar

legality of having a pistol onboard a Sailboat in Galveston Bay and texas offshore waters

User Avatar

Instead of having it forcibly repossessed, you call your finance company and tell them you're voluntarily having it repossessed. They may send a tow service to collect it, or they may ask you to take it to the repossessor. It'll be repossessed, auctioned off, and the amount they get from the auction will be deducted from the amount you owe. The finance company may offer a settlement at that point for an amount less than what you owe on that vehicle - that's up to the finance company.

User Avatar

Its refers to someone being in an employed state for reasonable periods of time and does not voluntarily "job hop"

User Avatar

A voluntarily controlled muscle is a muscle that is used on purpose. For example: the calf or thigh when you walk. An involuntary muscle is a muscle used without having to think about it. For example: the heart. Or diaphragm (muscle under lungs that assists in breathing)

User Avatar

Yes, voluntarily relinquishing your parental rights does not excuse you from having to pay child support.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.