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You will have to pay the difference between what the finance company gets when they sell the car and the ballance on the loan. All it means is that the finance Co would have gotten more for the car if it hadn't been damaged so you would have owed less on the remander of the loan.

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โˆ™ 2007-08-05 03:11:10
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Q: What happens if insurance has lapsed with car damage before repossession?
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CAN & WILL. Good Luck


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Sir Walter Releigh. ! :)


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