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I would like to know more about the Seize or sue option for
I would like to know more about the Seize or sue option for someone who bought a car through a dealership but can't afford to make payments now. I live in BC but the dealership is in Alberta. … read more
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ToLawyer
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If my car is repossessed can the bank sue me for the
If my car is repossessed can the bank sue me for the outstanding balance ? Iam in alberta … read more
ToLawyer
ToLawyer
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I am going to be forced to surrender my vehicle. It is in
Hi there, I am going to be forced to surrender my vehicle. It is in house dealer lease but as a lease to own and paper work says financed open end. I was wondering if the seize or sue law applies in t… read more
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I am contacting you regarding a voluntary surrender of my
Hello I am contacting you regarding a voluntary surrender of my vehicle to Carfinco. I have sent the papers today. Could you please advice how this works? … read more
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I'm located in bc CANADA. I can't afford my truck anymore. I
Hi I'm located in bc CANADA. I can't afford my truck anymore. I owe 88k on it, truck is worth around 60k. Will the bank seize or sue me … read more
Ulysses101
Ulysses101
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I am in Airdrie Alberta, I purchased a used Vehicle 4 years
I am in Airdrie Alberta, I purchased a used Vehicle 4 years ago. At the time of purchase there was no Lien on the car. I had a Balliff Show up yesterday with a Warrant for Personal Property because th… read more
Daniel Freudman
Daniel Freudman
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I have a vehicle that has an enormous negative equity on it.
THIS IS FOR DEBRA I have a vehicle that has an enormous negative equity on it. I can no longer keep up with the payments. I told the bank (Scotia) I would like to voluntarily repossess the vehicle. So… read more
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Can a bank in Canada ask how much you make if you are not
Can a bank in Canada ask how much you make if you are not applying for a loan? … read more
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Is purchasing a vehicle from a dealership finance with a
is purchasing a vehicle from a dealership finance with a bank loan considered a conditional sales contract? … read more
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Can you further elaborate on this question. I have almost
Hi Pearl, Can you further elaborate on this question. http://www.justanswer.com/canada-law/3vmk8-hi-there-question-regarding-vehicle-repossession.html I have almost 10k owing on a leased vehicle that … read more
Debra
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My son lived in Alberta but recently moved back to bc due to
My son lived in Alberta but recently moved back to bc due to know work. He is planning on going through Seize or Sue do to not being able to make his payments on his truck. His truck is registered in … read more
Debra
Debra
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Conditional Sales Contract/Vehicle Repossession , I
I have a Conditional Sales Contract with ScotiaBank for a 2015 Jeep Grand Cherokee SRT that I cannot afford anymore. I don't know what legal actions ScotiaBank can take, and I'm also unsure of Repossession laws in Alberta. I am willing to voluntarily Repossess the vehicle, but I'm unsure what i'm responsible for afterwords. … read more
Debra
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Harv, I'm in a situation where I've never missed a payment
Hi Harv, I'm in a situation where I've never missed a payment in my life.... including my current car.... but the recession in AB has hit and I've been getting my hours cut more each month and they ar… read more
Debra
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. I just leased a vehicle and thought I had a day cooling
hello. I just leased a vehicle and thought I had a day cooling off period. I went in the next day to cancel but they informed me I had signed a waiver and the car had already been reported sold to the… read more
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I have not yet drafted a statement of defence as I still dont
I have not yet drafted a statement of defence as I still don't know what is in my best interest. I don't have copies of any bank correspondence, I wonder what happens to my wifes interest in our home … read more
Debra
Debra
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In March 2008 i purchased a new vehicle in Alberta, and shortly
In March 2008 i purchased a new vehicle in Alberta, and shortly there after became injured & was unable to keep up with my bills due to this. In October 2009, my vehicle was repossessed due to this pr… read more
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I live in Alberta and had a leased vehicle repossessed. The
I live in Alberta and had a leased vehicle repossessed. The leasing company sold the car and are now coming after me for the difference of money owed. I have been told that they can do one or the othe… read more
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Debra
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i had a vehicle repossed 3 yrs ago . i just recieved a call
i had a vehicle repossed 3 yrs ago . i just recieved a call from the TD bank who has taken over the loan from the original lender . they are located in Ontario . I was informed that I now owe for the … read more
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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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