Skip to main content

Can I return my car to a buy here pay here lot ?

Atlanta, GA |
Filed under: Debt

I bought my car in nov 08- (third car from the lot that finally worked). I have a 5 year installment agreement w/them and they told me they would report to the credit agencies. I pulled my credit and its not there. I have been offered a deal to purchase a newer car from a dealership, with a bank loan, thats more reliable and safe for my family. I have never been late, can I return my car to them w/o being sued?

Attorney Answers 1


If you return the car, the can try and collect the deficiency from you. One way of doing this is to sue you.

An option would be returning the car through a bankruptcy. If you surrender the car through a bankruptcy, the car creditor cannot come after you for the deficiency once you get a discharge. I would be more than happy to discuss this option further. Please give us a call. We offer free consultations.

Jakob-Barnes Law Firm, LLC
6095 Lake Forrest Dr.
Suite 270
Atlanta, GA 30328

Best of luck!

Mark as helpful

Bankruptcy and debt topics

Recommended articles about Bankruptcy and debt

What others are asking

Can't find what you're looking for?

Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer

Browse all legal topics