Consumer Protection Law
Consumer Protection Law Questions? Ask a Lawyer Now.
Hi, My name is***** am an attorney with over 16 years experience. Hopefully I can help you with your legal question.
I am sorry to be the one to bear bad news. They can. That is, if you were late on your payments, unless your contract provides otherwise, the lender can repossess demand that you pay the loan in full.
Now...I say unless your contract provides otherwise...since this is a contract law question. If your contact has language that limits when the lender can repossess, they (the lender) must abide by that language. But the law in OK will allow them to repossess and demand payment in full if you are late on payments.Please let me know if you have more questions. I am happy to help if I can. Otherwise, please rate the answer so I may get credit for my work.
If they returned the money? Yes. They can repossess if you were late.Now...if they cashed the check? Then they would be obliged to allow you to continue with the loan...but if they returned the money it is as if you had not paid.Again, I am sorry to be the one to bear bad news.Please let me know if you have more questions. I am happy to help if I can. Otherwise, please rate the answer so I may get credit for my work.
ThanksThis is not something you are going to win (trying to sue and force them to give the car back and allow payments)...if you were late, they can repossess the car.
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