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What happens if you give a car back to the financial institute?
Wiki User
∙ 18y ago
It goes on your credit report. If it's a lease and you can no longer pay for it it's best to find someone to take over the lease that way it doesn't fall back on you. * If the vehicle is leased the leasee will still be responsible for the remainder of the contractual agreement. If the vehicle is being purchased it is considered a voluntary relinquishment by the borrower(s). The car will be sold at auction and the borrower will be responsible for the difference between the sale price and the amount left on the loan plus applicable fees and interest. In either instance a repossession entry will be placed on the party's credit report and will remain for seven years.
Wiki User
∙ 18y ago
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How many students receive financial aid at The Art Institute of Colorado?
The art institute says that is classified information which i think is bull crap because they can't even give you a fricking statistic even IF YOU'RE DOING A SCHOOL PROJECT!!!!!!!!!!!!!
When does your car get reposessed?
When you fail to make the car payments. Usually the bank or financial institute that holds the lien will give you fair warning for payment and then they will tow the car if no payments are made.
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He doesn't give it back, but the Professor is happy.
What happens if you give the car back to the dealership?
you get a bad record on your credit
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he is back to normal
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that Pokemon gets half of his HP back What ever Pokemon you give it to, ittle bring them back alive with half HP
What happens if you lend your car and the person does not want to give it back in Georgia?
Call the police.
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They usually have problems with there back or give up and die.
Can you get your cat back if you have sold it?
No, you have sold you cat and it is no longer yours. Unless whoever you sold it to offers it back (you will probably have to give them back their money if this happens) then you can not get your cat back.
What happens to the heat that the burning fuel give off from an airplane?
It is ejected out the back to propel the airplane.
What happens when the farmers take money from people and can't give it back?
This is called debt. If they can't "give" it back (or the proper term being pay it back), then they have to find enough money from the crops and livestock they sell to pay these people back.
What happens if you don't give up your vehicle in default?
They will still repo it. Along with the report going on file that you did not give it back on your own free will.
