Legal Question in Credit and Debt Law in Georgia
Repossession of Auto
How do I get my car back after it has been repossessed. It was a leased car.
Asked on 9/25/07, 2:01 pm
2 Answers from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: Repossession of Auto
Pay the amount requesed by the creditor (likely including additional fees), IF they are even interested in giving it back.
Answered on 9/25/07, 2:03 pm
Natalie Green
Law Office of Natalie Green, LLC
Re: Repossession of Auto
You can also request in writing that they hold a public auction (they will tell you how in the repo letter) and buy it back at that auction. Any amount that is not paid on the debt owed for the lease will be considered a "deficiency" and they will likely sue you to get a judgment for the amount not recovered at the auction.
Answered on 9/26/07, 9:56 pm