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Yes, you owe them money or yes they owe me the title if it has been written off? Thanks for your help.

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โˆ™ 2015-07-15 18:49:33
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Q: If the lender has written the car off and not repossessed it do you owe them money?
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Related questions

How can you locate your repossessed car?

Your car was probably repossessed by the lender who owns the car until you pay for it. Call your lender and they will be able to tell you how to locate your repossessed car.


Can the lender collect the rest of the money you owe on a car that they repossessed?

In most cases, YES


How do you find out what price your repossessed car was sold for?

ASK the lender.


How do you find out who repossed your car?

The lender who holds the note on your car, is the one that repossessed your car.


If YOUR car is repossessed what can the lender do?

In most states, the lender will sell the car. If they sell it for more than you owed, they keep the extra money. If they sell it for less than you owed, they send you a bill for the difference.


How do you get your car back if it was repossessed?

CALL the lender or better yet, VISIT the lender with CASH ready to pay off the car.


Approximately how long after your car is repossessed do they come after you for the deficiency?

As soon as the lender sells the car, they will know what the balance due is. Then they will come after the money. You will know when that happens.


How do you find out where your repossessed car is being held?

The local police or the lender can tell you who has the car.


Do you have to notify the DMV if your car was repossessed?

NONE, the lender will take care of it


Would you be able to go through a debt consolidator to pay off what you owe on a voluntarily repossessed car?

IF the Lender agrees to it, yes. IF it gets the lender money, they will likely agree.


Can your car be repossessed after filing bankruptcy if you are up to date on payments?

On the surface, no. As long as you have not defaulted on the loan contract, there is no reason for repossession. The lender wants your money, not your car.


How do you find out where your repossessed car is so you can get your belongings out?

CALL the LENDER who had it repoed. they know where it is.

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