If this car has never been repossessed after eight years, it has still been charged off as a bad debt and will remain on your credit report. Lenders can follow you for the deficency balance as long as they wish to refile it. If it had been repo'd, usually after seven years it is dropped from your credit report if there was no unpaid balance. You will have a hard time getting another vehicle financed in your name. Get a copy of your credit report from the three majors, and see how it looks. You would have been wiser to surrender the vehicle and take your knocks early rather than hiding it.
I would like to know what this means?
A creditor can try to collect forever but it's usually not worth the cost of involving the courts.
If my car is repoed and the car is not worth as much as I owe am I responsible to pay the differance?
A Kick In The Head Is Worth Eight In The Pants was created in 1972-10.
No, you purchase it at a discount and it becomes worth 100 dollars in some number of years into the future
Have never really experienced this myself, but I cant try and guess. It could mean they dont get their moneys worth and they will surely soon come for something worth more
It's worth about eight dollars.
it is worth $120 per coin
how much is a piece of eight court of Ferdinand 1698 coin worth? from Spain.
No. The letter J is worth eight points in Scrabble.
It's worth about eight dollars.
The value of eight track tapes is actually dependent upon a number of factors. Some of these factors include the condition and popularity of the specific eight track tape in question.