Legal Question in Civil Litigation in Tennessee
civil suit
If a used car lot repossess a car and then resales the car, areyou still liable for the balance owed on the car? Car was given to a friend who did not make payments for 17 months, but was still in my name.
Asked on 7/25/07, 2:38 pm
1 Answer from Attorneys
KJW Firm
PLC
Re: civil suit
The car lot can seek the balance left on the note plus costs of collection minus the amount the car was sold for.
Answered on 7/25/07, 3:34 pm
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