Finance Questions

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Question: Can I save my car from repossession in NJ?

I had my car repossessed by American Honda Finance Corporation last Thursday. I had fell behind on my payments and I had to let my insurance cancel due to lack of work. At the time of the repossession my car did not have insurance. The recovery department is telling me that because I am violation of the lease contract due to the late payments and by not having insurance the only way to get my car back is to pay the car in full. I wrote a letter saying that when I received a collection call I was warned that I could face further collection calls and fees. Now I am being told that if I had asked what exactly the fees included, I would have been told that repo is also one of the fees. Could a supervisor help? What can I do now? My insurance company is willing to put me back on. My dead line is March 4, '08
Is this a Honda policy? or a NJ law? Is trying to talk to them about putting ins back on, paying all fees, past dues and paying the next months bill worth it?

Answer: Unfortunately they are right. You failed your lease/loan twice. First by failing to carry insurance, second by not making payments. You just lost your car, and only way to get it back is full payment of the balance of the loan, plus repo fees/tow fee's, impund fees. Good luck, next time make payments.

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Question: Anyone know of Rome, NY?

Ok so I recently accepted a job offer with the Defense Finance And Accounting Services in Rome Ny but I'm uncertain if I've made the right decision. Is Rome a safe city and is there much to do in or around the city? Any feedback will be greatly appreciated!

Answer: YESS!! I live about 15 minutes away from Rome and I have been there several times. There is much to do there. Theres restaurants and a few places to shop. In New Hartford, NY there is a ton to do there and its only 15 minutes away. New Hartford has a shopping mall and marquee movie theater a lot of good home cooked restaurants. I hope you make the right decision!!!!

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