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Answered 2004-07-15 20:58:25

ENTIRE balance Due including interest and fees - sale price. BUT, the lender can take an OFFER. cash works best. LOL bargain, negotiate, wheel and deal. good Luck

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Can you still owe money after your motorhome is repossessed?

Absolutely. When an item is repossessed, it's typically auctioned off. The person who the property was repossessed from is still responsible for the difference between what the final auction price was and what the amount owed at the time of repossession was. Additionally, repossession, storage, and transportation costs will be added to the amount owed.


What will happen to a car once it is repossessed?

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Are there laws that govern how much a consumer can be liable for after a repossessed vehicle has been auctioned?

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What will happen if your car is repossessed in NC?

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Do you still have to pay for a car if you do a voluntary repossession in the state of Virginia?

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Can the bank come back to you for the difference of the loan after the car has been repossessed and auctioned?

yes they can...but it also depends on state laws too


Can they make you pay the difference between what the car brings and the amount you owed if your car is repossessed and auctioned in Arkansas?

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Are you responsible for the balance of a loan after the collateral is voluntarily repossessed and auctioned?

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How can a person find and buy repossessed cars?

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How does voluntary repossession work on an RV in NC?

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How can you find out where your repossed vehicle is being auctioned at Too try an buy it back?

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How long does it take for your car to be auctioned after repossession?

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Can you set up payments for what is left after a voluntary repossession and the vehicle is auctioned?

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What happens if judgment entered for car repossession in Texas?

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After your repossessed car is auctioned how long do you have to pay off what you still owe?

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Can a car really get repossessed then auctioned for one cent and the owner be charged the balance?

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Is a cosigner liable for the balance of a repossessed vehicle if the loan company auctioned it without notifying them?

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