Auto Loans and Financing
Repossession
Auto Insurance

In NC what can be done if lender refuses to negotiate bal due on repossessed auto if they want 20000 for auto worth 10000?

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2007-10-09 23:34:33
2007-10-09 23:34:33

not much, basically your hands are tied. when you pruchased the vehicle and signed a contract it was probably stated in there that if the vehicle is repossessed it will be sold at auction and the balance/credit of the debt is the responsibility of the purchaser

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