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Asked 10/1/2008

The finance company is requesting the full amount for the repo, can they do that and what can I do

I had my truck repo'd last night and GMAC the finance company is telling me that they will not give me the truck back without paying the full amount of $20K.
I live in Maryland

 
 
 
 
 
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Answer 1/1 - Submitted 10/1/2008

Yes they can demand payment in full since you broke the contract. it also says this in the fine . print. and they will win this in court! hope this helps to understand this.

 
 
 
 
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