You have worked hard all summer and have saved enough money to put a nice down payment on a car. You go to your local car dealership and decide on a vehicle that you like. You sign on the dotted line with the finance company and drive home. A year down the road, however you have lost your job and can no longer afford your car. Now would be a good time to check into your states repossession
. laws. For example California law on repossession states that if your vehicle falls into repossession with your belongings inside, you might have to pay money to get those items back. Additionally, if you find a way to pay your finance company, you might have to pay a storage fee with the company that has stored your vehicle. You can find more information here: http://www.lemonlawcenter.com/protectyourself.html
