Miami, FL asked in Consumer Law, Contracts and Small Claims for Florida

Q: hello i need to know when my duties with a financed card debt ends if the car is towed and sold in auction.

the car dealer is suing the towing company because they sold the car. I don't have any car have to return the tag but they said that i have to continue paying the car payments remaining 6000.oo dollars.

1 Lawyer Answer
Richard Paul Zaretsky
Richard Paul Zaretsky
Answered
  • West Palm Beach, FL
  • Licensed in Florida

A: Your obligation to pay the loan is complete when the loan is paid off.

If the car is sold at auction because it broke down and the sale is to cover storage or repair costs you did not pay, the amount realized from the sale will pay the bill for the storage or repairs and any excess will go to the payment of the lien on the car. But if there is a balance remaining, it remains your obligation to pay 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.