Personal Finance
Money Management

If the bank sells the repossessed car for more than the amount of the outstanding loan are you entitled to the profits in California?


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Wiki User
2015-07-15 19:42:59
2015-07-15 19:42:59

The UCC says the debtor IS entitled to any excess above what is owed on the loan. That will include all fees(repo,auction,attorney,ect)


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