How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Debra Your Own Question
Debra, Lawyer
Category: Canada Law
Satisfied Customers: 101395
Experience:  Lawyer
Type Your Canada Law Question Here...
Debra is online now
A new question is answered every 9 seconds

I have had a truck repossessed and the repo man had

Customer Question

I have had a truck repossessed and the repo man had something for me to sign but suggested I don't because it says they are going to action my truck and I'd have to pay the remander. He told me by not signing it they can either seize the truck witch they did or sue me for the remainder. Is this true.
Submitted: 1 year ago.
Category: Canada Law
Expert:  Debra replied 1 year ago.

Do you know if you have what is called a conditional sales agreement?

Customer: replied 1 year ago.
I'm not to sure i just looked through everything I have on that truck and cant find anything about the agreement
Expert:  Debra replied 1 year ago.

You need to find the document about the financing.

If that document says this is a conditional sales agreement they cannot sue you for the difference.

If it does not then they can sue you for the difference after seizing the truck.