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Do used car dealers allow you to trade in your car for an even swap?
26th August 2010
I have a mini-van that I own outright, and want to trade it in for a sedan but I do not want to take on a car payment. Do used car dealers allow you to do that? Obviously I do not want to get a new car, but something that is of equal or lesser value of my van.
issue about repossessed car,can you help?
18th July 2010
about 8 yrs ago my wife bought me a new car.not long after that we went through some serious issues.she went to jail and when i started paying the bills,i found out how much the car payment was and that she didn’t buy the car herself.she forged my name on the paperwork with hers which means we both bought the car.now i wasn’t happy about that.on top of she lied to me about how much the car payment was.meaning i would never of even thought about buying the car knowing how much the payments would have been.anyways i let the bank take the car back because i couldn’t afford the car and the mortgage.well when my wife got out of jail we went to divorce court and even with her record,she got the house and everything else.well not to long after the she filed for bankruptcy and eventually lost the house.now 6 yrs later the bank is calling me demanding money owed on the car.i told them to call the ex.they said she was clear because of the bankruptcy.i said no way she lost.on top of i told them i never even signed for the car,the ex forged my name and told me she bought it on her own and i would take a lie detector test in court if needed.so what do you think would happen?should the ex be reliable for the car?even though the lied and told me she bought it?she handled all bills and i didn’t find out about the forgery til after she went to jail.
Car repossessed after missing one month payment?
19th June 2010
My dad’s car was repossessed after overlooking one month’s payment, I know you must pay bills to keep cars, I already gave him that speech, but a part of me thinks why they would do it after just one month? Idk, does that sound right to you? It’s a GMC car if that means anything
He also got no warnings or reminders that his bill was late
what exactly will happen?
I have a car that i leased 2 years ago – the lease is up in July 2008 – however, i dont want the car anymore and i am already over my miles … if i have it any longer i will be stuck with thousands in overmileage usage. The car is in my moms name – and frankly her credit is already to hell…
i would like to know if i just stop paying the payment – and they come take the car – what will happen? will they also repossess belongings to pay what is owed on the car? or will they just send the bill to collection?
can someone please help?! thankkkksss sooo much in advance!
My husband had an expensive car, when he lost his job & settle for a lower pay instead, his car was repossessed. He thinks he still has balance to pay for the car. Some of our friends say, the debt collection agency will contact us soon to demand the rest of the car payment, even after the car has been sold to someone else. Is this true? How does it work anyway?




