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    BOOLYNN's Avatar
    BOOLYNN Posts: 1, Reputation: 1
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    #1

    Jul 26, 2011, 04:15 PM
    Warrant for recovery?
    My son bought this car a g-35 infiniti , he paid about 2 or 3 payments on it and lost his job, well he kept the car and didn't pay anything on it because he was waiting on his unemployment which took 9 weeks to get, so by then they served him with a warrant to recover, today they picked the car up at his work place(new job) so my ? Is does he have to pay for the car even tho he don't have it any more? But he really wants the car but there's no way of paying it off in one lump sum. And what will happen in court when he goes.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jul 26, 2011, 08:26 PM

    OK, where you are, makes it a little different, Canada may be different, than France and so on.

    But in general, he will have a chance to pay off the car plus costs. If not, they will auction off the car.

    Then they apply the money they get at the sale, to the amount he owes. They will add the money to repo, the money for court costs, the money to sell at auction.

    Often a person will owe about as much after they take the car as they did perfor the took they car
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jul 29, 2011, 04:13 PM
    Quote Originally Posted by jaycanadian View Post
    Try to find peaceful remedy - contact the holder of the car loan.

    certified mail them a Notice for Debt Validation, this stops them for court actions & possible action of the vehicle.
    Where have you gotten these inane ideas?

    The car was repoed for non payment. The contract holder is unlikely to accept anything less than bringing the loan up to date including late fees. Nor do they legally have to.

    This site has a standard of quality answers. Your answers have not even come close to those standards.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Jul 30, 2011, 10:11 AM

    Comments on this post
    jaycanadian does not find this helpful : I thought this site was for answers - not pointing fingers and restating of facts. I gave some possible solutions - if you would perfection, sorry I'm not GOD & don't pretend to be. I suggest peaceful remedy as is what the law is all about & communic


    Yes this site is about answers. And no we don't require perfection. But we DO require CORRECT and ACCURATE answers. Not rants that do not conform with the legalities and realities of the law.

    I've also previously warned you about misuse of the ratings feature. You have again violated those rules and the rating will be removed.
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