GMAC Repossessions: The Right to More Money After Auction Sale?

For GMAC, AmeriCredit, GM Financial, or any other auto finance company operating in California, they must provide a thorough and fair Notice of Intent to Sell to consumer’s whose vehicles they have repossessed.  You have the right to reinstate or pay off your contract, and if that is not provided, they can’t come after you for the post-sale balance.  If you have been repoed by GMAC, AmeriCredit, or any other financial institution (yes, credit unions too!), give us a call and report what happened.  858.451.0291.