Legal Topics

Contracts — Retail installment contract

Sep 12th, 2024 in by admin

Contracts — Retail installment contract — Action by assignee of motor vehicle loan against purchaser of vehicle that had unfixable safety and mechanical problems — Under terms of agreement, purchaser who has valid and meritorious defenses against seller of vehicle can assert those defenses against assignee of loan — Unilateral attorney’s fees provision in installment contract is deemed reciprocal