Re: REPOSSESION

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On 2/02/05, roosta wrote:
> On 2/02/05, Sir wrote:
> On 2/02/05, roosta wrote:
> On 2/02/05, REBECCA wrote:
> Is there any way I can get out of paying the rest owed on the
> car?
> SURE, declare bankruptcy. It happens all the time.
> You are "only" liable for this amount if the lender sends a post-
> repossession notice containing all of the disclosures that are
> required by the statute.
> Best of luck.
> Lets "assume" the lender is on the ball, having repoed 10K cars,
> and does send the Post-repossessiopn notice as per every states
> statutes. Then how does the OP get out of paying the lawful debt?

Depends of the facts. However, knowledge is power and I am a firm
believer in consumers and employees using it to their advantage.