0
Will the lender let me pay-off the balance of 3500 dollars knowing that they will get more money in auctioning the car?
Wiki User
∙ 19y ago
IF they get more than you owe, they will have to give you the surplus. It is your best interest to payoff B4 they sell. Go do it. NOW
Wiki User
∙ 19y ago
Add your answer:
Earn +20 pts
How do you find out your car loan balance?
Contact your lender they will tell you.
Can a lender come back after 2 12 years to get what they say is the balance with no contact all that time?
If the lender has a judgment for the balance due, yes.AnswerNo not if they haven't sent you something at some point letting you know what the balance due is and how they arrived at it.
Can the lender charge off the remaining balance of 850 dollars on a car loan of more than 13 thousand dollars which has been paid and then repossess?
As long as there is a contract with your car as collateral and the contract is in DEFAULT, the leinholder can repo(excluding B/K).
Once the lender sell you car do you still owe the balance?
You owe the difference in what the car sells for and the balance on the note.
Do you have to pay the balance after the car was repossessed and sold 3 yrs ago?
IF the lender obtained a judgment for the balance due, YES.
How does refinancing primary mortgage affect a home equity line of credit?
The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.
If you are threatened with a repossession can you pay the balance before they repossess the car?
IF the lender accepts it you can.
What can you do if the lender repossess your car and they get half of the loan and you cant pay the balance?
The lender will come after you for the remaining balance after the car is auctioned.You can either declare banckruptcy or work out a payment plan...or thelender can seek a judgment to garnish your wages.
Do you have to have a deed for someone to pay off your mortgage?
No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.No. If you have a mortgage the person can contact your lender to obtain a pay off amount, in writing. The lender will send a discharge to you (that must be recorded in the land records) or to the land records office when the balance has been paid.
Can a lender garnish wages after repossession in North Carolina?
Yes a lender can garnish your wages after a repossession. If the resell value of the item does not cover the cost needed to repay the lender, you are still responsible for paying the balance.
What is the clause that permits lender to declare unpaid balance upon default?
acceleration clause
In regulation U what is the meaning of carrying a loan?
The lender is "carrying" the loan on its Balance Sheet
