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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?
Wiki User
∙ 8y ago
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.
Wiki User
∙ 8y ago
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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?
Yes, you can sue a co debtor for at least half of the remaining balance. You would owe part of it as well.
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.
After three half-lives what percent of the radioactive isotope is remaining?
12.5% is remaining.
What type of balance occurs when one half of an artwork is exactly like the other half?
formal balance
What is the value that is greater than half of the values and lesser than the remaining half?
The median.
Can your car still be repossessed after you've paid half of your past due balance?
Of course. The whole idea of "security" in your pledge of the car in exchange for the loan is that it is easier to repossess it than to sue you for non-payment, and that applies up until the very last payment is made.
How many rolls are needed to have half the 120 dice remaining?
It depends on why the other half are disappearing!
What happens if an ATV is repossessed and it is not worth the same amount you originally paid?
The bank the ATV was financed through will sell the ATV at auction. Normally auctions will bring in half of what the item is worth. Whatever money was made at the auction will be paid toward the loan on the ATV. The debtor will be responsible for paying the remaining balance on the loan. If the debtor cannot pay the remainder of the loan, then the bank can file a legal judgment to garnish the debtor's wages. There's no getting out of it unless the debtor files bankruptcy.
Before taking your case does a lawyer have the right to request you pay half the cost upfront and the remaining balance within 2 weeks?
Yes. An attorney can set his or her own fees just as the client can choose whom they want to represent them.
How much hydrogen-3 will remain after 60 years if the original sample have a mass 80.0 g and a the half-life of hydrogen-3 is 12 years?
Fraction remaining = 0.5^n where n = # of half lives that have elapsed60 yrs x 1 half life/12 yrs = 5 half lives have elapsed Fraction remaining = 0.5^5 = 0.03125 mass remaining = 0.03125 x 80.0 g = 2.5 g remaining
What is the journal entry for office equipment purchased for 3000 Half was paid in cash the remaining balance will be paid in 30 days?
[Debit] Office Equipment 3000 [Credit] Cash 1500 [Credit] Accounts payable 1500 When remaining amount paid after 30 days [Debit] Accounts Payable 1500 [Credit] Cash 1500
If half lives is 1 and time elasped is 1620 year what is mass remaining?
Half life has unit. That is unit of time. So it has to be mentioned. Let us assume that half life is 1 year. Okay. Now to know about the mass remaining we have to get the ratio (1/2)^1620. Hence remaining will be 1/(2^1620) * mass at the beginning
