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Repossession
Montreal
Lawyers

Where can one find a good lawyer in Iowa if you wish to sue the bank that repossessed the wrong vehicle and items were missing on return?


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Wiki User
2004-11-18 19:39:19
2004-11-18 19:39:19

IF one has truly been WRONGFULLY repossessed, one should not have a problem finding an attorney to take one's case. One is NOT likely to get rich from this case.

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The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.

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I can can be legally repossessed no matter where it goes in the USA. As long as the repossessor can find the car and identify it as the one to be repossessed. It may not be cost effective if it is a long distance unless the vehicle is of greater value than the cost of returning it and paying someone to do that. They can also wait until you return.

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If your car is repossessed and you want to get it back, you can contact the finance company and clear any outstanding payments. They may agree to return your vehicle to you if they have not already sold it but be warned that lenders try and sell repossessed vehicles as quickly as possible to try and recoup funds. The finance companies often sell the repossessed vehicles at a car auction. Here they can be sold "as seen" and at a lower price than market value, thus they can be sold quickly. It is often possible to find out which auction your car is being sold at and you can get your repossessed vehicle back yourself by attending the car auction and bidding.


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