Help ! Car Repo question, can they go after you if you dont work ?

#1 (**permalink**) 05-04-2008, 12:58 PM

We are currently paying $600 for a car that is upside down. The gas is expensive and currently we cant afford it. However we are looking into it getting reposessed . The thing is that it is in my fathers name and he is at a retired age. and all he has is his social security benefits. which is like 400 a month.

.. can they still go after him. BTW no one was in the loan but him.

#2 (**permalink**) 05-04-2008, 12:59 PM

so you r going to screw your poor old man...you 'r bad!...his name his problem....they dont care if u work or dont...theres a loan that need to be paid..

#3 (**permalink**) 05-04-2008, 12:59 PM

so you r going to screw your poor old man...you 'r bad!...his name his problem....they dont care if u work or dont...theres a loan that need to be paid..

#4 (**permalink**) 05-04-2008, 12:59 PM

Yes he is the only one on the loan, so they will go after him for the money. The lender sees it as his car. Sorry