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Is it legal for the bank to make you requalify for the loan after repossession?


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Wiki User
2015-07-16 18:11:02
2015-07-16 18:11:02

I didnt answer because I have never dealt with this b4. I hoped someone with experience would help you. From the banks viewpoint, I can see why they would want you to. But, your defense would be, does the contract you signed say anything about having to do so after a repo?? The contract is the basis for most actions between you and the bank. If the contract doesnt make it clear, call a local attorney for a free consultation. Good Luck

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