When the car gets back to the bank, its sold and the debtor owes the difference between what it sold for and the outstanding balance on the loan. IF it sells for more than is owed, debtor has to pick up the check for the surplus.
There are no differences between a voluntary repossession/relinquishment of vehicle by the borrower and the forced repossession/recovery by the lender, except for some of the repossession costs such as towing.
FYI, a bank will not allow you to return the vehicle in the sense that you can "drop it off" somewhere.
Come Back - Before You Leave - was created in 1992.
He may not...
If you're in the US, yes. Surrendering your keys does not release you from the obligation of paying the debit, so if they can't sell the property for enough to cover the balance of the loan...
well first of all you have to get businesses that are down, but when they come back up they'll be making bank 10 times as better as it was before - Tamsye
if you ignore your obligation, it will eventually come back to haunt you
if you are behind at least 2-3 months behind in payments then they can come get it whenever they please
First you must have money in your account before ATM will dispense money. Then contact your banking institution, their # is on the back of the ATM card.
Return means to come back again.
No love her forever!!!
he comes back this November if not then it will be before the new year