question about car laws in indiana?

Posted on Jan 30, 2012 with Comments 2

advise please asked:

i am in the midst of a chapter 7 bankruptcy…keeping this in mind i have a question. i previously had a 2003 pt cruiser, which i was told by my lawyer that i could give back or keep in my bankruptcy..here is where it gets interesting. i had a dealership “approve” me for a car loan on a 2010 ford focus…drove the car home and have had it for 8 days as of today. i keep recieving calls from the dealership telling me i need to provide them proof that i will not have to repay a debt included in my bankruptcy (this debt being to the state of michigan) according to my attorney its completely included and he mailed them a letter stating such…now the fun begins, the dealer is basically telling me my financing fell through and they need the car back…i have already insured the vehicle and am left wondering what the heck, do i take the car back and be left vehicle less or i mean what can i do./….they did make me sign some form of an addendum stating that if the deal fell through they would charge me $30 a day as a rental fee…i feel as if i am being prayed upon, what do i do and is this even legal?

Freddy Pennigton

Filed Under: Buying & Selling

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  1. Never says:
    January 31, 2012 at 12:51 am

    The dealer did nothing illegal. You knew or should have know what you were signing up for.

    Return the car and get your down payment back, less the agreed upon $30 a day.

    You cant keep the car. You haven’t paid for it.

    The fact that you insured it is not relevant. Cancel the insurance & get a pro-rated refund.

    It was pretty stupid to sign up for another car loan right after filing chapter 7. And the dealer was pretty stupid to think they could get you approved.

    Reply
  2. Stupid Flanders says:
    February 3, 2012 at 11:25 am

    You filed for bankruptcy and tried to get a new car and YOU are the victim?
    Seriously, stop living beyond your means. You are obligated to adhere to whatever you signed.

    Reply

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