Legal Question in Business Law in Missouri
I bought a car from jay wolfe Auto Outlet here in Blue Springs Missouri. Which they are closing the location where I make my payments and bought the car they tell me that they're sellin and moving out of the area and going to sell the contract to an outside firm can be legally do that without letting me know first.
Asked on 1/16/14, 9:19 am
1 Answer from Attorneys
Anthony Smith
LawSmith
Unless the contract prohibits it, it is common for sellers to sell their right to collect money from you. If there is still warranty coverage for the vehicle, the new company should be just as subject to it as was Jay Wolfe. Perhaps you will want an attorney to look over your exact contract, and advise you of your options.
Good luck
Answered on 1/16/14, 10:02 am
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