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YES, read the contract you signed. How much you owe is partly due to how little you paid down and how much older the car is now.

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โˆ™ 2015-07-15 19:49:02
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Q: If your car was repossessed are you obligated to pay the remaining balance after it was sold for less than half of what you owed?
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Can you sue a co-debtor for the balance remaining after your repossessed car was sold if the co-debtor was declared responsible for the debt by the court but never paid?

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What happens if an ATV is repossessed and it is not worth the same amount you originally paid?

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