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money will go to the person buying the home

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Q: What happens when sheriff pays more than what is owed at sale?
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When a vehicle has been repossessed and then resold for more than what was owed does the previous owner receive the difference or does the car dealer?

The debtor GETS the surplus, the debtor PAYS the shortfall owed.


Is it legal to have GAP insurance and also have full auto insurance by another agency on your car?

Yes as they are two different things entirely. GAP covers the difference in what the insurance pays and the amount owed on your loan for the vehicle. GAP will not pay you a nickel yourself. If the actual cash value of the vehicle is more than the amount owed on the loan the GAP pays nothing at all.


How do you get what is owed for a car that is totalled in accident?

The insurance company pays you once all formalities are taken care of.


Who pays taxes on estate that is controlled by the executor?

The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.


Who pays a deputy sheriff's salary?

The Sheriff's office is usually associated with County government, so the respective county would be the one who is paying that salary.


What is the arrangement by which a financial institution pays you immediately the money that is owed you in return for a percentage and then collects those debts?

It's Factoring!


What happens when a vehicle is totaled and you owe a finance company more than what the insurance company offers?

Auto dealers would normally offer you a Guaranteed Asset Protection plan attached to your amount of the auto. This GAP is technically insurance of your asset, the car for payment of the remaining amount owed the finance company after the regular insurance pays their amount.


Is there a statute of limitation on collecting monies from a life insurance policy?

no there is not. If you can prove who you are and that you are the beneficiary, the Insurance company sometimes pays interest on the money owed.


If a house is sold in a short sale who pays the difference between sale price and amount owed?

The owner of the property may be asked to sign a note for the balance of the money owed or the lender may just forgive the debt entirely.


What happens a tragic hero makes a mistake?

The hero pays for the mistake


What happens when a tragic hero makes mistakes?

The hero pays for the mistake


What happens if your in a accident and you have sr22?

The same thing that happens if you did not have an Sr22. The at fault parties insurance generally pays for the accident.