Legal Question in Credit and Debt Law in Texas
I have an auto that costs $18000. i have paid over $15000 of it and made a last payment on it but never got confirmation on it. so i didn't send any more payments. can the finance company repossess it without notifying me and for only $3700 that is owed on it?
Asked on 6/16/10, 10:35 am
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
I am going to assume that your documentation/note/contract is in the standard form.
Yes, they can repossess the car if you owe $3700 on it.
Answered on 6/16/10, 3:15 pm