Legal Question in Product Liability in Texas

car loan

can a loan company take legal action and report a vehicle stolen if i'm 3 months past due do to loss of job


Asked on 7/29/08, 3:32 pm

1 Answer from Attorneys
Roger Evans Mathis & Donheiser

Re: car loan

They can certainly take the car back. Your personal reasons for your failure to honor the contract are not relevant. If you attempt to keep the car from them, a complaint of theft would seem likely.

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Answered on 8/01/08, 1:35 pm


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