I recently signed a contract to take up payments on a car and now I changed my mind Since the other party still owes on the car can they take me to court for the money?

I recently signed a contract to take up payments on a car and now I changed my mind Since the other party still owes on the car can they take me to court for the money?
usually when a contract a contract is made it should have time stipulations as to when one can cancel the agreement, if things are not meant in the deal what happens, Another thing to think about, was it disclosed that the title was not clear, example- someone took a loan out on a car and the bank is holding the title as collateral until they are paid. If the person that you made the deal with did not disclose everything about any liens on the car I think that if it went to court the judge would go in your favor. Your best bet if to go to your local judge, state rep., or senator, for help, laws vary from state to state. you must do your research before hand to get all the facts you can.