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Husband being hounded to pay debt on car he returned to dealer
Husband being hounded to pay debt on car he returned to dealer

Dear Liz: My husband returned a car to the dealer when he lost his job. Now the company says he owes it more than $7,000 (the difference between what he owed to the dealer and the price for which the car was sold). He refuses to pay any amount, but recently he received a letter from a law office demanding payment or they will take him to court. Is he obliged to pay this money? What options does he have to get rid of this debt? Answer: A debt doesn't disappear simply because someone decides not to pay it. Your husband signed loan paperwork to buy the car, and this paperwork obligated him to repay a certain amount. Voluntarily surrendering the car didn't change his obligation....

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