Car Purchase Contract Issues

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Summary

If a bank backs out after youve paid and signed for a car, check your contract for cancellation clauses. Indiana and Michigan consumer laws may offer protection. Consult a lawyer for detailed advice.

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Janet
Hello Janet! How can I assist you with your legal issue today?
So I bought a car * weeks ago and as of today they are telling me that the bank has backed out n I've already paid the money, signed all the paperwork, and had the vehicle in my possession for * weeks
Hello Janet, I'm sorry for the inconvenience. Could you please let me know your location so that I may provide you with the most relevant information?
Indiana and Michigan
Hello Janet, this is a tricky situation. Here are some general points to consider:
- Check your contract: In some cases, there might be a clause that allows the dealer to cancel the contract within a certain period.
- Consumer laws: Both Indiana and Michigan have laws to protect consumers from fraudulent practices.
Please consult a lawyer for detailed advice.
Ok thank u
You're welcome, Janet. If you need further assistance or have any more questions, feel free to reach out. We're here to help you.