Legal Question in Consumer Law in Illinois
Voluntary Reposession
What if you give the car back and there is something wrong with the car? What happens?
Asked on 4/29/08, 12:44 am
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Re: Voluntary Reposession
You will probably be responsible for the difference between what the car is worth and what you owe the lender. So, if the car has a defect, the car is worth less, and you will owe more money to the lender.
Answered on 4/30/08, 9:26 am
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