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If you owe more than the car is worth what happens if it gets repossessed?
Wiki User
∙ 16y ago
The car goes to auction, then you owe the remaining balance of you loan + repossession and storage fees minus what the car was sold for at auction.
Wiki User
∙ 8y ago
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What happens when your house gets repossessed in California?
You should immediately, if not sooner, make plans to move to a more cost effective place.
What happens if your repossessed car is sold for more than you owed?
Randy, IF it sells for more than the unpaid balance, you should receive the excess.
What if the bank sells your repossessed car for more than you owe?
your auto loan gets paid off and whatever is left over goes to the bank
What happens if a monkey is too old?
it gets more sleepy and gets more gray hair and less em mused
What happens your body gets too much minerals?
Nothing bad will happen. the more it gets the better.
What happens to the temperature and the density of the the material?
When the material gets closer to the core it gets hotter and more dense.
What happens inside a volcano when it erups?
it gets more hot and burny
What happens when the US dollar appreciates?
The dollar is worth more.
If you already have 1 car repossessed does having a 2nd repossessed hurt your credit even more?
yes
What happens to an object when it gets further from earth?
Its clocks run faster.It gets hit with more cosmic and solar radiation.It gets hotter and colder more easily.It gets lonely and scared in the dark.
What happens to the temperature and density of the material in the earth?
When the material gets closer to the core it gets hotter and more dense.
When a vehicle has been repossessed and then resold for more than what was owed does the previous owner receive the difference or does the car dealer?
The debtor GETS the surplus, the debtor PAYS the shortfall owed.
