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I have a car on finance.can another debt company take the car for the debt i have with them? |
i am just about manageing to pay the finance on my car i havnt defulted once.Unfortanatly other creditors havent been getting paid since i lost my job.i dont want to send the car back as i know i will still be left with the debt. no they cannot, only the lender with the lein on the car can repo it as far as i know no!!! No, your other creditors can not take your car. Only the lien holder (your auto loan company) can take your car, and they will only do that if you default on your payments. I work for an auto loan company. |
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