Bought vehicle, became unemployed and it was reposessed legal definition of Bought vehicle, became unemployed and it was reposessed
Bought vehicle, became unemployed and it was reposessed
Ask a Lawyer what's this? This is a sample question from the WORLDLawDirect database. QuestionCountry: United States of America State: All States/Provinces I bought a vehicle back in 2002 I paid on it until either the end of 2004 or early 2005 and I became unemployed and they repossessed it and then auctioned it off and are trying to make me pay almost 9000.00 dollars difference and they are threading to sue me and I just want to know if they can hold me responsible for the balance when my credit report shows that it has been charged off
AnswerYes but notwithstanding what they say, these kinds of creditors often will not really sue so you could just wait to see what if any action they take...and you could argue they misled you, the product was not what you expected, etc. You could also hreaten bankruptcy if they actually do try to sue... See also http://www.worldlawdirect.com/article/1412/Bill_collector_and_creditor_problems_--_Stop_abuse.html These questions and answers are provided by WORLDLawDirect.com. ©2000 - 2007 by WORLDLawDirect.com, Inc.
▲ Booking Bookkeeping Book-land Books Books of Council and Session Bootstrap Doctrine Booty Borden, Lizzie Bork, Robert Heron Borough Borough english Borrower borrowing borrowing powers borstal Boscage Bosone, Reva Beck boss threw item at employee Boston Massacre Soldiers Bote Boteless bottomry Boudinot, Elias Bought goods online, never received Bought note Bought vehicle, became unemployed and it was reposessed Bounced check Bounced check from girlfriend bounced check India Bound bailiffs Boundaries Boundary Bounty Bounty Hunter Bovata terrae box Boy Scouts of America v. Dale Boycott boyfriend charged with assault Boyfriend injured at home Boyfriend put deposit on car Boyle, John Brackenridge, Henry Marie Bracket Bracton, Henry de Bradford, William Bradley, Joseph P. Bradwell v. Illinois Bradwell, Myra Colby Brady Center to Prevent Gun Violence Branch ▼