My question involves an auto loan or repossession in the State of: Florida
My husband and I have been making payments on a car for four years. We took over payments of the car when his mother, co-signer on the car, moved to South America. We have regretted this decision for a long time because the primary owner listed, his aunt, moved to South America as well leaving behind a lot of debt, we have been getting collection calls for her for years. Yesterday morning the car was repossesed. We have contacted the financial creditors (Honda) and they assured us they did not order the repossesion since we had never defaulted on the loan contract. We found out the primary owner, his aunt, has moved back to the states and had the car repossesed. This person has never made one payment on the car, or ever owned/driven it for that matter. We have paid $20,000 on the car, directly to the creditor, and only had $5500 remaining. Is this legal or can we do something to get back the money we invested?