Legal Question in Credit and Debt Law in Texas
Car note Question
We bought a truck about about 6 mos ago and we have made 5 payments. I have been ill and we have missed a payment however when we bought the truck,the dealership sent us the actual title showing no lean holder by mistake. We kept the title and have not said a word about it but since we have missed a payment they are threatening to come and get the vehicle. Can they do that? We hold the tilte but we do have a contract with them.
Asked on 10/17/06, 10:27 am
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Car note Question
They can enforce the contract by repossession.
Answered on 10/17/06, 11:38 am