What is the name of your state (only U.S. law)? LA
In June of 2006 I purchased a car for $12,563. 28. They repossessed it October of 2008 with a balance of $7,475.18 left. They sold my car for $590.00 at the auction. They told me I owe a balance of $5,000.00. Is there anyway I can avoid this? They know the car wasn't even worth that much. I am not trying to get out of paying for it, but I let them take it back because it was a piece of crap and they wouldn't fix it.
~Thank you.
In June of 2006 I purchased a car for $12,563. 28. They repossessed it October of 2008 with a balance of $7,475.18 left. They sold my car for $590.00 at the auction. They told me I owe a balance of $5,000.00. Is there anyway I can avoid this? They know the car wasn't even worth that much. I am not trying to get out of paying for it, but I let them take it back because it was a piece of crap and they wouldn't fix it.
~Thank you.