can a bank repo your car when your making partial payments?
Question Details: i have pid partial payments on my car loan for the past 2 months. always over half. told them of the financial situation i was in and they said as long as i kept them informed it was ok. now they tell me today that they might send it in for repo. all this was done on the phone. i dont know what to do now.
Answered 6 years ago|
Unfortunately, you didn't get in writing that it was acceptable for you to make partial payments and keep the car.
You can try and make arrangements with them, but this time get it in writing.
Right now, they can repossess the car.
The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to AttorneyPages.com
and retain an attorney to represent you.