Legal Question in Credit and Debt Law in Pennsylvania
car reposition
I want to lower my truck payment but Wachovia wil not allow me to refinance. What are my options before and after a reposition? Finacially and legally?
Asked on 6/11/09, 5:16 pm
1 Answer from Attorneys
Greg Artim
Morrow & Artim, P.C.
Re: car reposition
you can refinance with any lender, it does not have to be Wachovia.
If they repossess your vehicle, they will sell it at auction for a cheap price. They will then sue you for the difference.
Answered on 6/11/09, 5:49 pm
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