Ok so here is the situation: I recently moved, started school and started a new job. I fell behind 2 car payments because of starting the new job and moving. I get paid bi-weekly and was planning on giving my entire paycheck I get this coming Friday to Honda Financial (the loan company) but they repoed my car this morning. I called and talked to the recovery dept & they said my ONLY option to get the car back was to pay the payoff amount of $23k, now no one has that kind of money just sitting around so I asked if I could just pay the repo fees, storage fees and the total past due amount in order to get my car back. They said that is not an option, that I pay the $23k or get the car financed with someone else. So my question is, what are my rights from here on out?
Should I talk to an attorney?
They said they aren't going to sell the car until the end of the month. And I don't want a repo on my credit because it would be really hard to get another car! Someone please help me out with the legal side. Is there ANYWAY I can get my car back, without paying $23k? And I'm sure no one is going to finance a car with me that is in repossession…
Read more: What to do if my car is repossessed in the state of NC and they are not offering a reinstatement option?
