The car is either sold privately or at a closed auction.Then that the amount the bank receives from the sale(the car is usually sold below market sometimes way below)is used to pay not just your loan but also any fees the lender incured to repo and sell the car.If you still owe a balance they will come after you for that.
a sum deducted from the total amount a taxpayer owes to the state ; An amount of money that a taxpayer is able to subtract from the amount of tax that they owe to the government.
The most money ever spent at a slave auction was in Savannah, Georgia at the Race Course. The total amount of money bidded was $303,850 which is about $6,700,000 now.
You paid $10.500 for auto. It went to auction! then it must of been repoed! How much did you owe on auto when it went to auction. the auction paid 10000 & THE COST WAS $17000. Did they send you a paper showing balance owed to car along with auction sale price. I wouldn't pay another cent to them.
money down is the down payment towards a loan. It is deducted from the total debt, or principle before interest is applied.
They repo your car and sell it at auction or sometimes to a good buddy. What they sell it for is deducted from your debt but they add back the cost of the repo and selling at auction. Now - If they think the amount still owed is worth going after you and your assets -then they can go to court for a judgement. If you can't hang on to it ask them to take it back before they spend the money to repo it.
Yes. If, the amount they auction the property for is less than what you owe they will come after you for the difference.
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
A repoed auto is usually sold far below its retail value. If you have a chance to sell it yourself and pay off the loan before it is repoed you will be dollars ahead, even if you lose money on the deal.
just the same way any other auction does i think.. the person who can pay the most amount of money for the slave can take the slave home
Gross sales is the amount of money received for all sales before expenses have been deducted. After the gross sales have been calculated, you may then deduct the expenses, leaving the net sales amount.
No, if you close the auction on howrse you don't get the money and the bidder gets the horse.
If a person is in a chapter 13 bankruptcy, and it is being deducted from their pay check in nys can someone else sue you and have the money deducted from your pay check?
When the vehicle is recovered, it is taken to a lot, inventoried, and eventually taken to auction. The amount received at auction is applied to the amount owed, including repo fees and collection fees. In the event the lender obtained a judgment against you for the unpaid balance, they have 10 years from the date the auction proceeds were applied to the loan. If there is no judgment, they have 7 years.
Gross income is the money you earn before taxes and national insurance has been deducted. Once deducted, you are left with a net income.
Yes. You owe the amount of the unpaid loan, minus whatever they get when they sell it at auction (very little), plus their costs.
If you are resigning before completing 5 years of service then yes, the amount you withdraw is taxable. The tax is not 20% but instead, the amount withdrawn is added up with your annual salary and taxed according to the prevailing tax slabs
If you, yourself, put up the money, yes, you will get the remainder after fines, fees, or costs (if any) are deducted.Added: If you used the services of a bailbondsman, the money that was paid (usually around 10% of the bail amount) was the bondsman's fee, and you will not get that back.
A foreclosure auction is a forced auction. The person who used to own the property being auctioned owed either the bank or the government money. For not paying the money back, their property is sold at auction to satisfy their debt. A regular auction could be anything and isn't necessarily to pay off debt, but usually to make a profit.
Gross income usually is the money someone or something has earned before any deductions such as taxes, expenses, or promotion has been deducted. If you are receiving money after such expenses have been deducted, you are receiving money based on NET income.
Not as an attachment, but can be deducted from the account where the support has been deposited.
you use ATM to withdraw money when you need it. it's is like a bankbook that is handy. you can also use it as a debit card. you can shop items and pay with your ATM that the amount will be deducted from your balance in the account.
Even if you could you would still owe the bank the money they paid for the car.