I traded in my 2017 honda accord for a jeep cherokee. Dealer assured me finance was done after we signed all finance paper work . 33 days later was contacted that finance did not work and I need to bring jeep back. And my honda was paid off . So they are saying they are going to reinstate my honda loan ? And I need to bring jeep back asap. Is this possible.? Can they do this after signed contract? I'm in ft worth texas.
The legal analysis would start with a review of the documents that you signed, and extend to any communications which have occurred.
If there was a financing contingency in the loan paperwork, and the loan did not issue, you can try to get another lender to lend the money. Credit unions can be very helpful in these sorts of circumstances.
But if the financing fell through, and the transaction is to be unwound, then you need to return the Jeep and retrieve your Honda. You may be lucky that the dealer has not already sold your Honda.
You may consider preparing a letter to mail by certified mail, return receipt requested, to the dealer to set out the facts and to demand the relief that you want. Make sure that your letter is professional and business like as it may be evidence later.
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