Legal Question in Consumer Law in Florida

my car

I have paid $14000 in payments on my car. I fell on hard times, and I owe $5500. they want to take my car. Is there anything I can do?


Asked on 3/18/09, 12:57 am

1 Answer from Attorneys

Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: my car

You can try to refinance and try to agree to a different payment plan. If you cannot make payments, though, you'll lose the car and still owe them for your loan. You'll get a credit for what the car is auctioned for, but that may not cover the entiree loan. Try to work it out. Don't ignore the problem.

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Answered on 3/18/09, 8:42 am


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