Legal Question in Credit and Debt Law in Florida

Yes. They will sell the car, apply the sale amount to the balance of your loan, and most likely come after you for the remaining balance.

The above is correct, BUT....be aware that the finance company has to follow the law regarding the sale of the vehicle and notice to you. Many times they fail to follow the law which could make you ultimately not responsible for debt. Fees are provided for your lawyer. See a consumer lawyer and keep all the paper work, including the envelopes. Want to know the law? Sign up for our free newsletter on varies areas of the law by sending an email to [email protected] and requesting the newsletter, or go to www.ConsumerLawyerHelp.com.