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Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
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∙ 12y ago
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Will they garnish wages after car repo in New Mexico?
They can choose to if they first obtain a judgment for the unpaid balance.
Can you repo a car in the state of Texas for unpaid vehicle repairs?
You can take possession of it for an unpaid mechanic's lien, yes.
In England can a vehilce be repo due to unpaid parking fines?
yes
Can a dealer repo your car for 1718.57?
Yes
How long can a buy here pay here dealer hold your car after repo?
A car dealer can hold a repo as long as he is the lien holder on the title.
In North Carolina can they sue or put a lien on your business for the remaining balance of a car repo?
YES, a lender can get a judgment for the balance owing on a loan after repo.
Can a dealer repo withOUT a sales contract?
Yes, if the Lien Holder of the vehicle gives them permission to repo.
If you voluntarily relinquished your car due to your unemployment status can you be subpoenaed to pay the remaining balance after they sell the car at auction?
They are not lying to you. A repo is a repo is a repo.
Can a dealer repo a car when theres a clear title on the car with no liensI have a clear title in my name?
No, if the car does not have a lien, then the dealer has no legal interest in it.I'm not sure why a dealer would even try to repo something they had no legal interest in.
Can a bank garnish your wages from a Texas repo?
Yes, if they have or obtain a judgment against you for the outstanding balance of the loan, plus collection fees, legal fees, repossession fees, storage fees, auction fees, and any unpaid balance. Essentially, you could end up owing much more than the original loan, and if (when) they obtain the judgment, you will have no say in how they collect it. they can garnish your bank accounts, attach other assets with court order, and garnish your state tax returns as well.
Can a used car dealer repossess a car with a balance of only 124 dollars if there is a loan on the vehicle from a bank?
IF the dealer is acting as the banks agent(hired to repo), YES.IF you bought the car from that dealer, the dealer may have had "recourse" on the loan, so that he/she had to do the dirty work if you didnt pay. $124.00 is not the main question, how LONG has the $124.00 been in default??
If you do a voluntary repo and the dealership sells your car do they have any right to collect interest?
The contract called for interest as long as you had the car. IF they get a judgment for the balance owed on the contract, it will call for interest until it is paid. READ your paperwork.
