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Can they make you pay the difference between what the car brings and the amount you owed if your car is repossessed and auctioned in Arkansas?


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Wiki User
2015-07-15 18:46:22
2015-07-15 18:46:22

YES, read the contract you signed.

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Absolutely. When an item is repossessed, it's typically auctioned off. The person who the property was repossessed from is still responsible for the difference between what the final auction price was and what the amount owed at the time of repossession was. Additionally, repossession, storage, and transportation costs will be added to the amount owed.

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The state Arkansas and London??

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There is no time difference between Arkansas and Illinois.

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Arkansas and Chicago are both in the Central time zone. there is no difference.


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