if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed
Will be repossessed, be patient. You either pay off, or pay off. No longer able to make payments. They will repossess the car and sue for the difference. Sorry.
Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.
Contact the lender who repossessed the car. You will have to make up all back payments and pay all fees associated with the actual repossession.
They can't force you into bankruptcy, that is a choice you have to make based on your ability to pay your debtors. When a car is repossessed it is sold and you have to pay the difference between what you owe and the cars sale price.
dont pay the payments ever
If your was repossed you need to call the car company and pay your car
If there is debt and the estate isn't paying for it, yes. The estate should make arrangements to resolve the issue. If they don't pay the loan, it can be repossessed.
YES, read the contract you signed.
Most of the time you do, YES.
They will auction the car and you will have to pay the difference of what you owe and what the car sold for.
Yes. If you take out a car loan, fail to make payments, and the car is repossessed, you will have to pay the difference between the price the lender received at auction and the balance remaining on your loan.Since repossessed cars are usually sold at wholesale auctions, the difference can be thousands of dollars.
Pay the company for the car, like you should have during the time you had it.
When you don't make regular payments, your car will repossessed. Now if you had an upside down loan, you will still owe the lender.
You can buy a car right after your car has been repossessed. It will however, depend on whether your credit is stable enough to qualify or if you have the cash to pay out of pocket.
Not sure of your question. Do you mean do you still owe after the car is repossessed? Or do you mean do you have to pay off a loan to buy a repossessed vehicle? It depends on the state you are in, contact the lender.
You end up with HORRIBLE credit if you don't pay your bills and you let your possessions get repossessed.
In most cases YES
If you don't pay your car payments, people go to your house and take it away.
Once a car has been repossessed, you as the owner of the vehicle have the obligation to repay any amount still owed on the loan. Once a car is repossessed, it is often sold in a repossessed cars auction by the finance company. The amount which the car was sold for will be deducted from the total loan amount and then the difference will be owed by yourself. So yes you would have to pay the whole vehicle off if it was repossessed.
that's the point of repossession. you cant pay, they take it away.
It depends on which state you live in really. I lived in Louisiana and my car was in my mothers name she decided not to pay and it was repossessed well 11 years later they contacted me again and requested the money for the car. But that was in 1994.
You'll have to pay off the bank and get the title cleared.
24/7 around here. Pay your bills.