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What if you defraud a company that loaned money on your title by selling car parts to scrap yard in ga?
Wiki User
∙ 10y ago
Then you'll be facing lawsuits and possible criminal charges.
Wiki User
∙ 10y ago
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If you buy a car and there is a lien on it but the car lot goes out of business how do you get the lien off of it?
Contact the entity that loaned you the money to buy the car, be it a bank, loan company, etc. If the selling dealer personally loaned you the money then you need to speak to your local DMV and see what you need to do if you cannot contact the seller.
How did the Virginia Company make money from the colony at Jamestown?
The Virginia Company made money from growing and selling tobacco.
What happens when your car gets repossed?
It will most likely be resold ... the loan company paid for the car to whomever it was bought from. They need to recover the money they spent, and if selling that car again is what it takes, then they will take that approach. Some will say "that is selling the same car twice" ... no, not really - it was sold once and the buyer refused to make the payments. The car is owned by the company that loaned the money in the first place. They have bills to pay just like everyone else ... they loaned money out, and they need it paid back. It also could be sold at an auto auction ... for the amount that is still owed ... usually a cash sale for the full amount.
How did the Jamestown colony make money for the Virginia Company?
they made money by selling tobacco.
What does a personal guarantee look like?
A personal guarantee is a signature promise that money loaned to a company will be repaid. The owners or partners of a corporation sign documents, and put there personal finances on the line, with the guarantee that all money loaned to the company will be paid back. If money is not repaid, lenders have the ability to request repayment from the individuals who guaranteed payment.
When you invest in a mutual fund?
your money gets loaned out to businesses and companies.
What is another name for borrowed money?
loaned money
Which financial institution allows companies to raise money by selling shares of their company to others?
The stock market allows companies to raise money by selling shares of their company to others.
Can a loan company reposses my car they do not have the transfer of lien on?
If that loan company loaned you money and you used the car as collateral and failed to make payments on time, they can, and will repossess the car.
Why was money loaned to Europe after World War 2?
The money was loaned to Europe so the countries could be rebuilt and to stabilize their economy
How did Jamestown colony make money for Virginia company?
they made money by selling tobacco.
What is to purchase goods with loaned money?
AR
