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When a vehicle is repossessed, it will eventually be sold at auction. Occassionally, the amount received from the sale is greater than the balance owed. On these occassions, the excess is sent to the debtor.

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13y ago

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Can the IRS tke your tax refund if your car is repossessed?

No.


Can the your income tax refund be garnished?

I had a car that was financed through HSBC repossessed last year. It was repossessed. Can HSBC take my federal income tax refund for this repossession?


If you have a car repossessed can the loan company keep you from receiving a tax refund?

Yes.


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Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.


Why did my car dealership send me a check?

Your car dealership may have sent you a check as a refund for overpayment, a rebate, or as part of a promotion or incentive program. It's important to review the accompanying documentation to understand the reason for the check.


Can you be arrested for not paying your car payments?

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Can you buy another car even though is repossessed?

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What happens if you get your car repossessed?

if i get my car repossessed, can they put a llien on the house?


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How can you locate your repossessed car?

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