Antioch, CA asked in Consumer Law for Pennsylvania

Q: I financed a Nissan Altima in 2016. The car was repossessed & sold in Nov of 2016 yet I am still paying car notes. Help?

I financed the car from a Nissan dealership. i was late on three payments before the car was repossessed and sold. I was told I could pay the full car amount, give the car up, or it would be repossessed. I took the car back up to the dealership due to me not wanting the car to be repossessed. Once I returned the car, the car was sold in an auction for $3000. This was November and December of 2016 and I am still paying car notes today for a car that's no longer in my possession. I have over $9k left over. I would like to know if this is legal?

Related Topics:
1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Consumer Law Lawyer
  • Louisville, KY

A: It is probably legal, yes. You need to have a local lawyer look into this for you, but even though you returned the car, you are still liable for the deficiency balance owed after the car is sold and the proceeds applied. You might look into whether the car was sold for more or less than the statutory balance required at a sale. If it was sold for less, you might be able to attack the sale and Forde them to resolve it.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.