Legal Question in Credit and Debt Law in Texas

I purchased a used vehicle on May 6, 2010, signed the contract with all payment tems and took possession of the car the same day. Two weeks later I was called and asked to contact the finance company to do a phone interview. I did so and followed up with the car dealership a week later and was told everything was fine and to enjoy the car. I took the car in for a minor repair this week and went back 2 days later to pick up and was told the finance company had rejected the deal and the dealership took the car back. What legal reprocussions to I have? Is this even legal to do. It has been over 30 days since the contract was signed. Had I not take the car in for repairs would they have ever called me to let me know? Please help!!!


Asked on 6/11/10, 10:30 pm

1 Answer from Attorneys

Mark Dunn Mark D. Dunn

You need to take a good look at the contract you signed. See if it contains a provision that allows the dealer to do what he did.

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Answered on 6/12/10, 8:13 am


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