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Do you have to pay the deficiency on a car repossion in the state of Kansas?
Wiki User
∙ 14y ago
Yes you do. You can file for bankruptcy and may be afforded some consolation, but by law you are responsible for the difference between what was owed and what the lender was able to wholesale the car for.
Wiki User
∙ 14y ago
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Can i buy a car after repossion?
Yes, usually at an auction.
Can they take a car for repossion off someone else property?
Depends on the state you live in and their repossession laws. If you are smart you will return the car if you are unable to pay for it. The car belongs to the bank until it is payed for.
Getting car as gift in state of Kansas?
See the Related Link below.
What are the penalties for an expired car tag in kansas?
Would depend on the state.
What is a performance deposit on a car repossion?
A performance deposit is to ensure the contract if followed and will come off the cost of the car. Its usually the lesser of three months payments or on third of the remaining loan on the car.
Car was recently damaged then was repossessed what happens?
If car is wrecked or damaged BEFORE the repossion takes place they still take the car "AS IS". In some states you may be liable for the damages but others it is repo'd AS IS.
To get a duplicate car title in the state of Missouri city of Kansas City.Where can I go?
coffeyville ks on a car out of Missouri
Law regading impound car repossion?
The law regarding impound car repossession varies by state. Generally, a lender can repossess a vehicle if the borrower is in default on their loan agreement. It's important for borrowers to review the terms of their loan agreement and understand their rights prior to facing a repossession.
What do you do when the wrong year and VIN number is put on paper work for newly purchased car?
It will vary state to state. I can only speak for Kansas, but if there is a dispute or question, the Highway patrol inspects the car and verifies what the car is. The state of Kansas will go with whatever they say. Depending an where you are, there is some state agency that has an answer. You will probably have to do the leg work even though it wasn't your mistake.
How much time in the state of Kansas do you have once you receive notice that your car will be repossessed before the car is actually repossessed?
One Kansas attorney says 20 days and another says 10 days.
Can you have liability only car insurance in Kansas?
There are three types of automobile insurance coverage required in the state of Kansas. These include liability, personal injury and uninsured.
How many hours is it from Chicago Illinois to Kansas state?
The distance from Chicago, Illinois to Kansas is 757.8 miles. This would take about 11 hours driving in the car.
