My car was repossessed and sold, but now they are asking for money. Can they do that?
They are seeking what is referred to as a deficiency balance. That is the amount of your total loan for the vehicle minus whatever they received...
Long Island City, NY
Lemon law Lawyer at Long Island City, NY
Practice Areas: Lemon Law, Consumer Protection ... +2 more
They are seeking what is referred to as a deficiency balance. That is the amount of your total loan for the vehicle minus whatever they received...
Courts generally favor disclosure. However, you should submit your opposition to the motion to compel. Your opposition must spell out your reasons...
How many miles are on the vehicle when you purchased it? Unless the vehicle had over 100,000 miles at purchase New York does not have "as is"...
You are not a dealership and you did not make any representations about the vehicle or its condition you probably do not have liability. Of...
If the seller is not a dealership the consumer protection laws do not apply to the sale. If he made any representations to you about the condition...
You do not say how much you gave him to invest. The limit in Small Claims Court is $5000. You also need his address so that you can properly serve...
Assuming that the dismissal was without prejudice, you can refile as long as it is before the statute of limitations expires.
From your question, I assume you don't own the vehicle for which a loan is listed. Who has this vehicle? Did you co-sign for a loan that you may...
You need to get the vehicle registered in your name and have title in your name, too. Otherwise, car will belong to her.
If they simply give you money there's no problem. However, if they have you sign a release or some other legal document you may be giving up your...