Legal Question in Credit and Debt Law in Texas

Vehicle Reposession threats not from Lien Holder

I purchased a vehicle 7/31/06 from a luxury auto dealer and put a down payment of $7500 and financed the remaing balance thru my credit union. I liquidated some assests for the down payment and was not going to receive the proceeds before we closed on the contract so our family attorney called the dealer and gave them his credit card to apply the down payment. The contract was completed and the dealer sent me the tags and my Credit Union the title. Now the dealer is saying that monies were never received and they are coming to repossess my vehicle. They did receive the amount less the $7500 and according to our family attorney they have charged his credit card twice for the $7500. I have never missed a payment and we believe that the $7500 was never credited to this purchase because the credit card was not in my name. What recourse do I have it has been almost six months and I have invested too much in this vehicle thus far and in the meantime our family attorney is requesting a statement from his credit card company.

Please HELP!!!!! Any advice, direction would be greatly appreciated.

Thanks!!!!


Asked on 2/20/07, 4:56 pm

1 Answer from Attorneys

Peter Bradie Bradie, Bradie & Bradie

Re: Vehicle Reposession threats not from Lien Holder

Have your attorney explain where the $7500 came from, and let them know that any repossession will be a wrongful repo and the tort of conversion.

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Answered on 2/20/07, 5:06 pm


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