You owe money
then they take your car and repo it.
they take your car
The creditor reposseses the car, and you take the bus.
If someone has a loan default statement, it means that the person who took out the loan has not met the terms of the contract, for example they have not met the payments. If this happens then the person who gave out the loan and who the debt is loaned to can take action to recover the money, for example re-possession.
You should receive a check from the school for the difference after all tuition and fees are deducted from the loan.
u'll have 2 pat more
It is a felony if you take the car across state lines and you are no longer paying on your loan.
The loan will be a default loan
if the consigner files bankruptcy can the borrower take the car
Yes, a bank can take property that they have no interest in. This usually happens when a person has not paid their loan, and now has no right to the property.
No, you cannot take a loan from an IRA.
No, you cannot take a loan from your IRA.