Your debt is then written off as the car covers the cost of the debt.
Unless the credt card company is the lienholder on your vehicle, no.
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
Whomever signed the contract is responsible for the balance.
When you don't make regular payments, your car will repossessed. Now if you had an upside down loan, you will still owe the lender.
It is very difficult but if you have a good relationship with the bank they may allow you if you pay some of the debt down.
You can be sued and your car repossessed.
Unless the credt card company is the lienholder on your vehicle, no.
Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.
YOU are responsible for the debt that is secured by the "stolen" car. Be sure to make a police report on the 'stolen" car.
The debt is NOT forgiven. See link below. ArizonaRevisedStatutes
Yes, you still own the debt.
The car will probably be repossessed.
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
If there is debt and the estate isn't paying for it, yes. The estate should make arrangements to resolve the issue. If they don't pay the loan, it can be repossessed.
The vehicle can be repossessed.
Yes. If you default on your car loan you will remain liable for the debt.
check the local pound.