Read your CONTRACT as they are likely stated there. They can include JUDGEMENT, garnishment of wages, attachment of other property, reporting their write off/unpaid balance due to IRS as INCOME for YOU (1099). That really bites you when you file and didnt know they sent the 1099. OUCH. Who wants to have $15,000.00 show up unexpectedly as INCOME??? BTW, death, dismemberment and debtors prison are all a thing of the past. LOL
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Related Questions
What are you liable for when your car gets repossessed?
Once the vehicle is auctioned off and sold there is usually a remaining balance left to pay. You will start receiving collection notices about the remaining balance. This is when you will want to prepare yourself to negotiate a settlement.
Electronic balance measures what?
Electronic balance measures mass
What does balance measures?
it measures weight
What is the difference between a beam balance and a spring balance?
a beam balance measures mass while a spring balance measures weight
What is a balance that measures weight?
a spring balance
Are you responsible for the balance of a loan after the collateral is voluntarily repossessed and auctioned?
YES, read your contract.
What happen when you not payment of loan?
The collateral you put up for the loan will be seized (which may be done by repossession, foreclosure, simple forfeiture of ownership.. all depends on what it is, exactly), and then auctioned off. You will still be liable for any remaining balance once the collateral is auctioned off. Creditors may use collection agencies or even the courts to collect that debt.
What 'balance' measures mass?
The most known is a balance and a scale balance.
What is the difference between graduated cylinder and a triple beam balance?
The cylinder measures volume, the balance measures weight.
What does an electronic balance measure?
Electronic balance measures mass
What does a balance scale measure?
A balance scale measures weight, but not in pounds or ounces, it measures in grams. A balance scale measures relative weight, weight relative to another object rather than definite weight.
What is the difference between balance and graduated cylinder?
Balance measures weight. The graduated cyliner measures volume. Think scale and measuring cup.
What instrument measures the mass of a marble?
A balance of pair of scales.
Balance scale is used to measure what?
The mass of an object or objectsA balance scale measures weight, but not in pounds or ounces, it measures in grams.A balance scale measures relative weight, weight relative to another object rather than definite weight.
What instrument measures the mass of a system?
A balance.
What is the instrument for mass?
A balance measures mass.
What do you call the measurement that measures mass?
Balance.
What measures density?
A graduated cylinder and a balance
What instrument measures the mass of a pin?
A balance
Measures to correct the deficit in the balance of payments?
Measures to correct the deficit in the balance of payments include deflation, depreciation, and devaluation. In addition, there is exchange control.
What is the difference between triple beam balance and a spring scale?
A spring scale measures weight while a triple beam balance measures mass.
What is the triple beam balance?
A triple beam balance measures the mass of objects in grams
Is the bank suppose to let you know it auctioned your car?
Whatever the bank sold the car for they deduct that from the balance owed, and you pay the difference
What you trying to find mass what do you use?
A balance scale measures mass. A scale measures weight.
What is an double pan balance?
Something that measures weight.
