answersLogoWhite

0


Best Answer

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)

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If the bank sells the repossessed car for more than the amount of the outstanding loan are you entitled to the profits in California?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

In Alabama if the lienholder sells the repossessed car for more than the amount of the outstanding loan are you entitled to the profits?

In theory but I have never heard of it happening. The bank will always add fees and charges that far outstrips the residual value of your car.


What is proprietorship?

an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits


Are all native Americans entitled to part of gambling profits?

It depends on what you mean. Could you rephrase the question?


How many shares does Motorola have outstanding?

check a shares website it could tell you company profits, shares and debts!


What is the basic meaning behind - a partner is not entitled before the ascertainment of profits to interests on the capital subscribed by them?

The partner does not have a right to receive dividends until it has been determined that there were profits on the capital.


What is a dormant partnership?

A partner who takes no share in the active business of a company or partnership, but is entitled to a share of the profits, and subject to a share in losses


What are soul traders?

A sole trader is a person who is the single owner of a business, entitled to keep profits after tax, but is liable for all losses.


Is Briggs and stratton going out of business?

Absolutely not, they are the world leader in small engines in both the USA and global markets. They consistently show strong profits and manufacture an outstanding product.


Tax debt is what type of debt to a company?

Tax debt refers to the tax paid on the amount of debt the company has outstanding still. This varies significantly by company and non-profits do not pay tax.


Advantages of capital from profits?

Amazon is a world full of profits, the most important thing is how to increase your profits, so I will introduce you to a tool that will double your profits for you to know more : snip.ly/tkynz2


Accounting profits are typically?

greater then economic profits,as accounting profits do not include implicit costs


Which is gramatically correct bottom-line profits or bottom line profits?

Bottom-line profits