If your vehicle was picked up to three months ago, and you did not respond to any “10 day letter”, there’s a good chance that your vehicle has been sold at an auto auction. Georgia law requires lenders to provide vehicle owners with a short, 10 day, period of redemption following repossession. Assuming that the lender follows the procedures set out for notice under Georgia law, then title to your vehicle passes to a new owner at the time of the auction sale.
Occasionally, a lender fails to exercise its rights in a timely manner and we still may be able to recover your vehicle even if several weeks or months have passed since repossession. Time is definitely of the essence when it comes to repossessions, so we urge you to contact us sooner rather than later if your vehicle has been repossessed.
You can expect nothing positive following a repossession. If you do not take quick action, you will lose your vehicle. Eventually, the lender will sue you for a repossession deficiency. Preserve all your options by calling Ginsberg Law Offices immediately at 770-393-4985 if you have experienced a repossession.