0
Who pays the rest of the finance if your car has been repossesssed?
Wiki User
∙ 15y ago
I most cases the debtor (you) will be held liable for the deficiency after the car is sold at auction, as well as for any repossession fees. This may vary in your state.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Who pays to replace a house demolished by fire?
Insurance covers some of the cost and the rest the homeowner pays for the replacement.
Where can one download a restaurant finance monitor?
A restaurant finance monitor can be downloaded free of charge at the "Rest Finance" website. The "HVS" website also carries excellent information regarding restaurant finance and the monitoring of it.
Where does mark webber pay tax?
He resides in the UK so pays taxes there, he likely pays more tax than the rest of the grid combined!
When you win a civil suit from a car accident does the defendant's insurance co pay their part first and then the defendant pays the rest if they can or what happens?
If the liability limits have been exausted, then the defendant has to pay the remainder of the judgement.
How much money dj ashba have?
G&R pays him $8.65 an hour. Axel gets the rest.
The Deal or No Deal Banker first pays contestant Edward to wear what throughout the rest of the show?
High heels
If you were in a car wreck in a company vehicle and the at faults insurance only paid for half the bills who pays the rest?
You probably would.
What can some one do if the dealer were he finance her car went out of business and he haven't pay off his car?
There isn't anything you would need to do. You still owe the money and will need to continue paying. A bank or something similar may buy the rest of your loan from the dealership. If that happens it will be their job to notify you.-------------------------------------------------------------------------------------------------It is not usually the dealer which actually provides the finance, it is a finance company that is separate from the car dealer.When you purchase the car and take out finance, the finance company pays the dealer in full what he is owed and you then repay the finance company.If you look at your finance documents closely, they should tell you this.You should therefore continue to pay for your car as you were doing before the dealer went out of business. However, for your own protection make sure that you get a receipt (proof) that you have made each payment. If you are notified in writing to change your payments to a new company do this if the paperwork matches what you had before.If you are in doubt at all, go and see an attorney (lawyer).
What are the differences between hire purchase and conditional sale agreement sales?
Sale of goods on most instances is on a cash basis, whereas on hire purchase, a client pays a certain percentage of the price for an item and pays the rest in installments as agreed with the seller.
If you give a car back to your finance company are you responsible for negative equity on the car?
Yes - unfortunately you didnt borrow a car, you borrowed money. Your car has depreciated faster than you have paid off your loan it is your responsibility to pay the rest not the finance companies.
What are the functional areas the nhs?
finance dnnw bwt the rest - write how staff get their wages, needs to keep accounts of goods purchased and managing budgeting
Ive paid over a third of my car how long before finance company to take me to court?
you need to pay the rest |ASAP or they will reposess and you will still be on the hook
