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I went to a dealership with an old car they said will get you into a new car and pay off your old one without telling me that they where going to put the old car on my new loan i would have never agreed to it now im in upside down with my loan paying tons a money for a car they said they werent gonna add the old car to the new car loan. I just want to give the car back its not worth it. The car is 17000 by the end of the loan ill be paying 27000. Can i do anything?
1 ANSWER
Depending on how much time has elapsed since you signed the new contract you may be able to unwind the deal but it is highly unlikely. Your next best bet to get out of this would likely be to file a chapter 7 bankruptcy (assuming you have enough other debt to justify it). This would effectively allow you to escape from these obligations. Feel free to contact us for more information
Answered on Sep 18th, 2017 at 1:06 PM
Information provided doesn't create an attorney/client privilege nor constitute an offer of services and is only general responses to hypotheticals