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What options do you have if your car was repossessed in California you paid the overdue balance but they auctioned it anyway?
Wiki User
∙ 19y ago
Was the lender demanding the BALANCE DUE when you paid only the overdue amount? IF so, your recourse is to pay the balance due. IF not, contact a local attorney for state/case specific advice. None, just because you paid the overdue balance don't mean nuthin to the lender.
Wiki User
∙ 19y ago
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You have one day before your car is repossessed is there any payment options?
Call the lender, and make some kind of arrangements. Do not let your car get repossessed. You will be responsible for the balance on the loan. no
What happens to a co-buyer if the car is repossessed?
Same thing that happens to the buyer. Lender persues their legal options to collect the balance due.
What options do you have in California if your car was repossessed and you want to get it back?
The lender is required to notify you at your last known address as the details for redemption. You can CALL the lender, you will have to talk to them sooner or later. MERRY CHRISTMAS
Can a loan company take a newly financed car in your name as collateral toward the balance of a loan for a car that was repossessed a few years ago?
Nelson, they would have a couple of real goofy options.1. they could refinance the new car and include the balance of the old loan for a HUGE total.2. they could be the SECOND leinholder on the new car somehow. I guess they would have to loan you money to pay the old balance and take the new car as collateral.Neither of these options look realistic, but who knows??
Motorcycle sale private parties repossessed early two days after last payment what are your options?
Court?
What options do you have in Connecticut if your car is repossessed and you want it back?
Your option is to CALL the lender who had it repossessed and find out how much it will cost to get it back. Repossession is a matter between YOU and the LENDER. There is no state agency that oversees the process.
In regards to the question if you volunteer a reposession do you have to pay off your car loan what happens if you can't pay that balance?
Voluntary RepossessionOnce this vehicle has been auctioned off, the remaining balance that is left on this loan will be your responsibility to pay off. You can contact this collection agency once you receive a new statement of this balance. Usually the two options that you have is either make monthly payments or you can negotiate a settlement. Your best bet is to save anywhere from 30-50% of the remaining balance, and settle. Get everything in writing before making a final payment.
How do companies liquidate excess inventory that isn't selling?
Companies have several options when liquidating inventory. They can hold liquidation sales for the public. Or they can send their inventory to be auctioned by bulk.
What are the sites with the info on California refinancing options?
The sites with the California refinancing options are banks & refinance companies & are sites with ways useful to complete these activities for people that seek refinancing options.
What are my options for reverse mortgages in california?
California does indeed have reverse mortgages but if you do not qualify there are at least 6 different options that you can go to if you dont qualify.
If a car is repossessed what are the options to pay this debt?
3 or 4 options.1. Pay it off completely after it is sold and the lender tells you "PAY US NOW".2. tell Lender you are financially embarrassed and will pay it in installments. (IF you would do that, you would pay them now and not get repoed)3. Pay the lender what you can IF they agree to it.4. Wait until the lender gets a judgment for the balance owed and garnishees your wages.Lucky #5. Declare Bankruptcy.
What are your options if a car was repossessed and a bill is received 2 years later for 15000 dollars?
2 that you want to consider. PAY it or file B/K.
