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Asked in KY May 26, 2022 ,  0 answers Visitors: 3

legal action

if you lease a vehicle and you turn it in and they resell it if they sell it for the same amount that i bought it for should i be obligated to pay the amount that i owed as when i turn it in plus pay their lawers fees and intrest?

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1 Answers

Anonymous
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Posted on / Feb. 09, 2007 18:29:00

Re: legal action

If the creditor repossess the vehicle legally for non payment, they do then have a right to sell it at a reasonable sale and then sue you for the difference. However, if this was a lease agreement, that does not sound appropriate.

Feel free to call me if you need additional assistance.

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