Repossession
Credit and Debit Cards
Debt Collection

Can a collection agency that a lien company hired take you to court for not paying off a repossessed car?

Answer

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Wiki User
02/02/2007

If the reposssesion did not net enough funds to pay off the total amount of your debt (which would have increased by the costs of the repossesion, penalties, interest, etc), then the loan (your obligation) was not cleared by the repossession. Presumably the agency owns the right to collect that and they can use any legal method to do so. Court would seemingly be one.