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Q: What is difference between i owe you and you owe me?
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What is the difference between a bill and a receipt?

a bill is what you owe and a receipt is what you gave.


Can you still owe money after your car is repossessed because of the recall?

If it is repossessed, you will owe the difference between the loan amount and what they sell the vehicle for.


The difference between assets and liabilities is?

assets are what the business owned and liabilities are what the business owe.


What is the difference between debt and loan?

A debt is something you owe someone, a loan is something you borrow


If you surrender a car that you can no longer use and can't afford do you still owe the difference between its value and the loan amount?

YES, she will owe the remaining balance after it is sold.


If you voluntary give back your vehicle repo and they resale it any way they want do you still owe the whole bal or the difference?

You will generally owe the difference between the outstanding balance on the loan and what they were able to sell the car for.


If a car is repossessed and they sell the car how much can you owe?

The difference between the sale price & loan balance is what they will bill you for.


Define outstanding loan?

Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.


What is the difference between credit and debt?

credit is money and dept is where you owe someone or the bank alot of money did this help you?


What does gap insurance in Virginia do?

It is different from regular insurance because it covers you for the difference between your car's value, and what you owe on it if you have an accident that totals the car, or the vehicle is stolen. If you are making payments on the vehicle, and you owe more than its value, your GAP insurance will cover the difference.


What is the difference between Sundry debtors And Sundry Creditors?

Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.


What is difference between sundry debtors and sundry creditors?

Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.