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The car is eventually taken away, if we assume it has a lien on it. The cost of processing the legal work, the cost of repossession and interest will continue to be accumulated. The car will be sold to pay for these expenses and the rest of the money will still be owed, Typically the loan company will take you to court and receive a judgment for this debt. (These costs will also be added to your overall debt). The next time you have a job, a garnishment will be placed on your salary.
If there is any way to pay the debt, pay it before they take the car. You will be MUCH further ahead.
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∙ 13y ago
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What happens if you bought a buy here pay here car and the car lot owner dies before you finish paying him off?
then i think you start paying off either his family or his estate.
What if your husband files bankruptcy and you have a leased car?
If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the car
What happens if you stop paying your car loan?
Repo.......homo
What to do if a person bought a car but did not finish paying for it then moved out of state?
You Get Bankrupt Or You Lose Your Insurance Company
What happens if up you stop paying your car loan and move to a different state?
It is a felony if you take the car across state lines and you are no longer paying on your loan.
What happens if you are in a car accident and you have no license or insurance?
going to be paying the state lots of me and the owner of the other car
If I owe money on a car can I be stopped from moving to another province?
as long as you are paying for the car they dont care where you go
What happens if you owe less than the car is worth?
Keep paying or trade and finance that amount onto your next car
Does the finance company own your car if the dealership is out of business?
If you financed your car then it is always owned by the finance company, regardless of if the dealership is in business or not, until you finish paying it off.
What happens when a co signer dies and you stop paying on car loan?
bank takes back
What happens when your loan is not paid off and you still have the car?
You can still have it ,but you will be paying heavily for it and have no resale value for it.
What happens if you dont make any payments on your car loan?
u eventualy lose your car
