Legal Question in Credit and Debt Law in Florida

I bought a car at a buy here pay here dealership and after about a year they buy here pay here place sold my loan to a car financial place. Due to hard times, the buy here pay here place repo'd my vehicle and has it back on the lot for the same price I paid for it and now the car financial place is hounding me for the money. Do I have any recourse in this? I did not agree to have my loan sold and now it has dropped my credit score unbelievably and I was trying to buy a inexpensive home but now they turned me down due to this car financial place.

Asked on 10/08/10, 7:20 am

Leon Ferraez Ferraez, LLC

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Based on your facts, they had a right to sell the loan and repossess the vehicle if you defaulted on the loan.

Answered on 10/13/10, 10:40 am

Angelo Marino Angelo Marino Jr. PA

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See my website on repos and your rights. www.ConsumerLawyerHelp.com

Answered on 10/14/10, 7:03 am

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