Legal Question in Business Law in California

car sale

i signed papers to buy a car and was approved by the fianance company with putting 3 thousand dollars down.i lost my income tax money to the irs for back taxes and can no longer put the down payment on the car....i did not take possesion of the car..am i hooked ?


Asked on 5/01/05, 2:38 pm

1 Answer from Attorneys
Terry A. Nelson Nelson & Lawless

Re: car sale

Just tell the dealer you don't have the money for either a down payment, or to make payments, and that you are NOT buying the car. Ignore any histrionics or threats, he can't successfully sue you and make you take the car. Lucky for you, you didn't pay him anything, it would be more difficult to get back your money, but it could be done.

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Answered on 5/02/05, 2:06 pm


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