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The loan has defaulted for a year now and my car still hasn’t been repossessed. What are my legal options? Should I do a voluntary repo?
answered on May 4, 2023
Your legal options are: 1) bankruptcy; 2) borrow money and pay off the note; 3) sell the car and pay off the note; 4) don’t voluntarily repo bc it won’t reduce the debt by much. Even if repoed, you will still owe nearly the same amount.
The seller and I both signed a bill of sale that stated the seller will disclose any known issues that would affect the condition or drive-ability of the vehicle. He did show an external fan switch but claimed it was due to "common fan problems in jeeps". The seller claimed "no... View More
answered on May 28, 2019
You certainly have enough reason to want to sue the seller; However, since it sounds like the car you purchased was made for off-road operation, I am certain that the seller will dispute everything you said and will blame the breakdown on your "driving (the Jeep) at freeway speeds for an... View More
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