If a car dealer has been accepting partial and late payments, doesn't this alter the original contract? If so, than a repo for delinquent payments would be illegal, since there is no longer a specific date...Does this make any sense?
Answer
Read your purchase contract to see what it says about acceptance of late payments.
Answer
The simple answer is "no." Accepting late and partial payments absolutely does NOT alter your contractual obligations. Unless both parties agree to a modification of a contract and there is consideration paid for the modification, the original contract terms remain in effect.
Answer
No. Nice try though.
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