What is your question?? need more info
A car bought from a dealer is usually financed by a bank they want there money not the car back
I heard if you surrender your car back to the bank the loan is from, they will auction the car to get money back, if they DONT get the whole amount of what you OWE on the car... They will bill you the balance.T
well, if you want the loan AND the car, go get it. Tell the bank that you will keep the car.The bank really doesnt want the car, they want money.Otherwise, the bank will let him give it up if he cant pay. THE co-signor is the one with GOOD credit. If the signor didnt need help getting the loan, there would be no "co" signor.
The bank didn't want my car, they allowed me to pay the outstanding amount. It may vary, though, bank to bank
If a person's car gets repoed, the bank can report it on their CR in any state. When they redeem it doesnt matter, its the fact that it got repoed that gets reported.
when they want to
If you are not going to reafirm the loan, in other words- keep and pay for the car, then yes the bank will want the car back. Usually they will try to get the car back shortly after your 1st court date when the court has oked your petition to go thru bankruptcy.
Hopefully sell it for more than you owe on it then pay it off and pocket the difference.
i want to pay but he say must pay full..he dont want to discuss but that car i pass to bank already that time i lost my job, so now i want to clear my loan how?
No,, When you buy a car its not like walmart.. a whole lot more process involved here.. The only way you could give the car back or get anything back money wise is if the car was a lemon.. You are protected by the lemon laws.
The bank will sell your car at what ever price they can get and apply the proceeds to your account. If you owe them more than they get for it they will want you to pay the difference. You should try to sell it youself for enough to pay off the loan. Banks won't
YES, unless you are in a state that doesnt allow garnishment.