Loss of collateral is an act of default, whether or not by any fault on your part, so they can take the vehicle. If you paid more than 30%,...

Your primary recourse is against the financial institution that issued the debit card. Notify them that the transaction is unauthorized. Confirm...

The answer depends on whether you signed something giving the dealer a security interest in the car to secure the down payment. Many dealers...

The bank is probably liable for simply accepting the check and allowing an unauthorized person to withdraw funds. Notify the bank in writing...

If there is a problem with obtaining financing, no restocking fee is permitted. Otherwise, you own the car as soon as you sign for it, and the...

The compulsory purchase of a warranty as a condition of financing violates the Truth in Lending Act unless the charge is made part of the finance...

A credit limit is not a promise by the card issuer to decline transactions that exceed the limit. If an unauthorized transaction was placed on...

You still owe the debt. You are not entitled to take advantage of the bank's error.

They should not be able to do any of the things listed. You should be able to get the debt removed from your credit report.

The dealer is obligated to return the deposit. 815 ILCS 505/2C. You can file a small claims action or complain to the Attorney General or both. ...