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We need a few more facts before an answer can be given. Is this happening or is someone from the lending company making this threat? Also just because someone sues you for a large amount doesn't mean they will get that amount or anything close ....or anything at all. What was interest rate on your loan?

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Q: In Texas can a finance company sue and get a judgment for fifty thousand dollars over a repossessed car that was purchased for ten thousand dollars?
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