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Jchrisa
February 7, 2011
Financial Crooks
I signed an unusually high lease contract on a 2009 Honda Accord towards the end of 2010. The reasons of the high payments were partially my fault for not READING everything because the dealer sneaked in some things I never agreed to but that's my fault. I was in a finacially stable position and I could afford $597 a month lease at the time so I never pursued the matter any further. I was tricked and I accepted it plus the dealership closed down for reasons I don't know (Potamkin Honda of NY). But I was never prepared for what was about to transpire the next couple of months. My daughter was born the next month with the inability to absorb breast milk or any kind of formula. She would bleed internally from her stomach. A very highly expensive formula was prescribed for her. Two months later, my wife took a pay reduction which further put a stress on our family of 4 financially. It was very tight, but I made payments on time. Just a couple of weeks later, I was diagnosed with Stomach Cancer "Stage II" and had to take a non-paid leave of absence for the next 7 months. I managed to borrow money from family and friends to get by. When I went back to work, we were 3 months behind rent and severely past due with other bills and I of course received the news that I was getting a pay cut. I had to voluntarily give up the Honda. When I tried to explain my situation, Honda didn't want to hear it. Now I just got a letter in the mail that I have 10 days to pay $13, 610 because the car was sold at auction for half its value and I owe the rest. I can barely live paycheck by paycheck. I do not know what to do. Just need some advice.
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