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If you surrender your car because you can't afford it how much do you have to pay on the balance?
Wiki User
∙ 18y ago
IN MOST CASES ONCE YOU GIVE THEM BACK THE CAR THEY WILL RESALE IT AND IF THE CAR WAS ORIGINALLY 15 THOUSAND BUT THEY COULD ONLY SELL IT FOR 13 THOUSAND THAN YOU WOULD HAVE TO PAY THE REMAINDING BALANCE WHICH IS 2 THOUSAND
Wiki User
∙ 18y ago
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What does foreclosure in a house mean?
its like when you cant pay your rent in an apartment. the people that own it kick you out. or, in this case, the bank does it means that someone cannot afford to pay for their house. therefore the bank forecloses it or in other words takes it away and sells it for the remaining balance of the loan.
How do you know you are making good financial decisions?
you dont be stupid and go spend all your money on things you cant afford!
What causes bank failure?
banks that lent money to people with little or no credit and then those people cant afford what was purchased. then they file bankrupt. that's one way
What can you do if the lender repossess your car and they get half of the loan and you cant pay the balance?
The lender will come after you for the remaining balance after the car is auctioned.You can either declare banckruptcy or work out a payment plan...or thelender can seek a judgment to garnish your wages.
What if your husband has left you to pay the mortgage and bills he has left no forwarding address you cant afford to pay it all can you pay half the mortgage until its sold?
No. Get personal legal (and financial) help...fast.
You want to surrender your car because you cant afford the payments?
Call your lender.
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because you cant afford to play
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Can you get a visit visa for Dubai with out money because you belongs to a poor family you cant afford the money you want to find the job there?
You have to show some amount of bank balance to cover flight and expenses
Why do you hire bad teachers?
Because they cant afford any good ones,
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because he paid bonnie for sex
Why do the people of Africa live in huts?
Because they cant afford a house. GOT IT?
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no because they cant afford to lose there solierss
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football because they cant afford any equipment
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He cant fly because his balance would be bad, they cant fly
Why is america falling behind other countries supplying knowledge?
Because the us cant afford it
