Hartford County Consumer Credit Lawyer Discusses If you Can Buy Back Your Repossessed Car from Auction
Many times as a Hartford County Consumer Credit Lawyer I’m asked: My car has been repossessed, and I want to attend the auction to make sure that the price of the car when it’s sold is reasonable so that I owe the minimum amount of debt possible on the loan I defaulted on.
As a Hartford County Consumer Credit Lawyer I advise clients that the sad truth is that you have no right to attend this auction and the repo-company is not obligated to notify you of the time and place at which that auction occurs. However, they are required to notify you within 30 days of the cost of which it was sold.
This informational blog post was brought to you by Attorney Eric L. Foster, an experienced Hartford County Consumer Credit Lawyer.