Legal Question in Credit and Debt Law in Texas

I let my cousin take over the payments on a financed vehical that he then wrecked and didnt have insurance on it. The finance company has sinced repossed the wrecked vehical and sued me for illegally selling a financed vehical( he won because i didnt show up) The finance company( just a small local car lot) is know threatening to press criminal charges aginst me for illegally selling a financed vehical. Cam he do that in the state of texas and if so what can happen to me?


Asked on 11/28/12, 9:50 pm

1 Answer from Attorneys
Donald McLeaish McLeaish&Associates;, P.C.

NEVER PERMIT YOURSELF TO BE SUED AND NOT ANSWER....generally one cannot sell

property which has a lien on it...so see a local lawyer asap.....you are seeking legal advice a little bit late...and the "small local car lot" will probably do more against you than a big dealer..

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Answered on 11/29/12, 7:28 am


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