Legal Question in Credit and Debt Law in Texas
Car Purchase Contract
I traded a car I had about a year ago and got a newer
car with a larger debt.I have had problems with my
income and was unable to meet the payments.In Sept
it was re-pocessed.About a month later I got a bill
from the finance company for thousands of dollars.They
said they sold my car but after selling it there was
a large balance left.Can they force me to pay it?
Asked on 12/08/03, 10:07 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Car Purchase Contract
They can't force you to pay it, but they can sue you, get judgment against you, and then try to collect the money the judgment says you owe.
Answered on 12/09/03, 10:08 am