Legal Question in Credit and Debt Law in Georgia

Re: car repo

If there was a deficiency between the value of the loan and the value of the car when you brought it back, which with a blown engine cant be worth too much, they can hold you accountable for that red ink. Of course, you agreed to all this when you bought the car. In Georgia used cars are sold �as is� without any warranty, unless you purchase a dealer or service warranty or the car is still on the original manufacture�s warranty. The risk of having a blown engine and the cost of repair is yours because the car is yours.

To discuss these matters in further detail, please feel free to contact me. My contact information is below. Thank you. The above statements/observations are offered as general information only, no specific legal advice is given nor should it be assumed. No attorney/client relation has been created or should be implied. Phillip A. Strickland, Attorney at Law, [email protected].

Re: car repo

Sure.