Re: car repossession

Posted by from the car dealers standpoint (152.163.253.37) on October 10, 2003 at 21:58:24:

In Reply to: car repossession posted by chris70538 on October 09, 2003 at 18:22:17:

in ohio, if you put any money down or made any payments, you cannot be arrested for not paying the car note... thats absurd
second, technically the bank does own the car if the debtor defaults.. however again they cant arrest you..
as for turning in the car.. unless you have an agreement in writing eliminating future collections with you, i wouldnt
what year, make, model and miles is it? i will give you an idea of what it will sell for at the auction... also don't expect anywhere near kelly blue book, we get the numbers from a grey book... example: 99 dodge grand caravan with 100k, 2000-2500.00

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