If i voluntarily turn my car back in can the bank sue for balance of loan?

Asked over 4 years ago - Mukilteo, WA

I have a car payment that I'm having trouble paying and was considering voluntarily turning the car back in. If the bank sells the car for less than I owe, can they sue me for the balance left on the car?

Attorney answers (1)

  1. Robert W. Kovacs Jr.


    Contributor Level 14

    Answered . I am not licensed in your state but can offer some general information.

    Yes they can.

    You should consult a local lawyer to discuss your case and state’s laws.

    Good luck.

    Robert Kovacs

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