2007-01-16 19:45:31 · 15 answers · asked by Aiea Joe 3 in Politics & Government ➔ Law & Ethics
Arrested, no, sued and have your car repossessed and have them sell the car at auction and if it was sold at less than what you owe then lender, absolutely!
2007-01-16 19:48:52 · answer #1 · answered by bottleblondemama 7 · 0⤊ 0⤋
You can have a lawsuit filed against you for money owed, but not until the Judgement filed and an order to pay has been filed. You will not go to jail. However, in California it sometimes it is much more of a hassle and a lot of work to have a judgement issued and then follow up on collecting from the defendant because to collect you must have personal information and obtaining that info is costly and with all of the filing fees, and service charges alot of the dealers or finance companies charge it off. Effects your credit. But you may have a defense check out The CLRA, Chapter 17, (Consumer Legal Rememdies Act)
2007-01-16 21:59:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Your credit will be totally ruined and you will not be able to buy anything. They can come and get the car and you are still forced to pay what you owe. After they sell the car if there is a remaining balance then you have to pay that too. Do yourself a favor and pay the loan.
2007-01-16 19:50:22 · answer #3 · answered by Better_than_you 3 · 0⤊ 0⤋
Not as much arrested or sued...They'll repossess it....Then you'll still have to pay for it. Plus fees....And before you ask, if you're stupid enough to try to not pay it at that point, it just goes into bill collections, brutally murders your credit. It's really not worth it to ignore car payments. If you didn't want to deal with them, you shouldn't have signed that little dotted line.
2007-01-16 19:51:07 · answer #4 · answered by Shaun L 2 · 0⤊ 0⤋
Wellll, yessss but only under certain circumstances. If you got the car with the intention of never paying for it, that's fraud and a criminal offense.
Other than something like that, all the other answers apply.
2007-01-16 20:26:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I don't believe you can be arrested, atleast I never was... you can definitely be sued though... but if they've already gotten the car from you, it won't be worth it for them to sue.
2007-01-16 19:49:19 · answer #6 · answered by mattysmommy2004 4 · 0⤊ 0⤋
sued not arrested. the repo man will come take your car. it will be sold and the remaining balance you will still owe.
2007-01-16 19:49:03 · answer #7 · answered by silentjealousy77 4 · 0⤊ 0⤋
You could be sued, of course. Likely they would try to repossess the car first.
2007-01-16 19:47:49 · answer #8 · answered by itry007 4 · 0⤊ 1⤋
you can be sued. It's a civil matter. At the least they'll take your car away.
2007-01-16 19:47:49 · answer #9 · answered by uknowme 6 · 0⤊ 0⤋
try this site, it'll show you different options for a car loan. just fill out the form and you'll see the results instantly.
2007-01-18 07:27:45 · answer #10 · answered by Sub S 1 · 0⤊ 0⤋