Legal Question in Credit and Debt Law in Illinois
vehicle reposession
is it better to allow a repo on a car to focus payments on other bills, or keep struggling with all payments in general
Asked on 10/12/07, 9:40 pm
1 Answer from Attorneys
Lesley Hoenig
Lesley A. Hoenig, Attorney at Law
Re: vehicle reposession
If you can afford to not have the car and need the extra money to make payments, I would say yes. The Lender can get a deficiency judgment if the car doesn't pay off the debt though.
Answered on 10/19/07, 11:21 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
