Legal Question in Credit and Debt Law in West Virginia

Reposession

Is there any way to avoid paying for the remaining cost after a private sale of a car after it was reposessed?We were coeced into buying a car at a high interest rate loan that we couldn't afford and after struggling to attempt to make payments the vehicle was sold at a private auction and the amount that we were told that was left for us to pay was well above the value of a new car of that particular model.We couldn't afford to make the car payment and they want us to continue paying at a similar amount for property we no longer have


Asked on 12/17/06, 5:27 pm

1 Answer from Attorneys

David Anderson Anderson Business Law LLC

Re: Reposession

Other than Bankruptcy or Death, your options are limited.

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Answered on 12/17/06, 8:45 pm


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