October 12, 2015Consumer Debt, Debt Collection, Hartford County Attorneys, Lindh Foster, LLC Blog

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.

About the author

Lindh Foster, LLC

Connecticut Business Lawyer & Debtors Rights Attorney, Eric Foster of Lindh Foster, LLC, has been practicing law for over 25 years in Connecticut, New York and Hong Kong, China. As a Connecticut Business Lawyer, Eric Foster’s legal practice currently centers around representing small businesses and entrepreneurs, in selecting their business structure, forming their businesses, and managing their business transactions. As a former attorney at the Federal Reserve Bank of New York where he focused on the regulation of banks’ lending activities, Attorney Foster is also a passionate consumer advocate and a member of the National Association of Consumer Advocates (NACA). As a Debtor Rights Attorney, Attorney Foster enjoys advocating for and representing consumer debtors in connection with credit card, student loan and other debts they allegedly owe creditors and debt collectors.

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