Traded in vehicle not completely paid for, behind on payments

0.01 sec.

Ask a Lawyer

Question

Country: United States of America
State: Wisconsin

I traded in a vehicle in 2002 that wasn't completely paid for. I now owe 17,000 dollars on a car worth about $5,ooo. Due to some financial difficulties, I am 1and 1/2 payments behind and am being threatened with all sorts of actions. Would it make more sense to just turn the car over the financial institution?

Answer

Normally it is better to sell it--you will get more...

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Legal browser	?		Full browser	?
No references found			tractable tractableness tractare tractate tractatio Tractent fabrilia fabri tractile traction tractus tradable trade trade association trade by exchange Trade Dress trade fair trade fixture trade in Trade marks trade name trade off trade secret trade sign Trade Union Trade Usage trade with Traded in vehicle not completely paid for, behind on payments trademark Trademark and infringement Trademarks trader tradere tradesman tradeswoman trading trading house trading place trading post Trading Stamps and Coupons Traditio brevis manus Traditio loqui facit chartam tradition tradition-bound traditional traditionalism traditionalist traditionality traditionally traditionary traduce traducement traducere			tradeable tradeable tradeable Tradeable emission allowances Tradeable emission permits Tradeable emissions permits Tradeables Tradeables Tradeables TRADEC TradeCard Settlement Services, LLC tradecraft traded traded traded traded traded traded Traded Ahead Traded Average Price Option Traded Away Traded Below Cash Traded Dividends Traded Dollars traded down traded down traded down traded down Traded Endowment Policy Traded Flat Traded in vehicle not completely paid for, behind on payments traded off traded off traded off traded off traded on traded on traded on traded on Traded on Margin Traded on the Bratislava Stock Exchange Traded on the Perimeter Traded on the Wire traded option traded options Traded Options and Financial Futures Traded Paper traded places traded places traded places traded places Traded publicly Traded publicly Traded publicly Traded Senior Life Interests Traded Through traded up traded up traded up traded up Tradeful

Legal Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.