When you surrender the vehicle, it will be sold at auction. The purchase amount will be applied to the balance owed on the loan, repossession fees, interest, penalties, and transportation costs. If the purchase amount exceeds this, the remaining amount should be refunded to you. If the purchase amount is less than the owed balance, you will still have to pay what is owed. If you fail to do so, the lender may seek judgment against the amount owed. This can increase the balance owed again, due to court costs, legal fees, and collection costs.
If you have the proper insurance or you were hit by someone you will surrender the car and the title to the insurance company and they will pay you the actual cash value of the car before it was hit.
Pay off the car, surrender the car.
Yes
I think this is mandatory, so I don't know what happens if you cant pay it. You rather ask for the help of the trusted attorneys.
No
that's the point of repossession. you cant pay, they take it away.
They take you to court
you will have to pay a debt and GET CAR INSURANCE
Pay the car payment. So you can take your butt to work and pay the credit cards!
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Try to make him pay off his loan or you will have to pay it off cuz you cant register it. I know you can junk or sell a car with a loan on it. So i would take him to cort for fraud.
they take your car