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Answered 2014-02-06 19:06:04

Its very likely that they can require you to pay off if you just refinanced the loan. READ your new contract in the parts about DEFAULT. If there's any doubt, call a local attorney.

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In some states, if you put down 20% on the loan, then all you will have to pay is the past due payments, plus the repossession fees. You will need to look at your contract and contact an attorney to find out if it applies in your state.

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