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Your car was repossessed years ago and you don't have info on the auction sale and how much it was sold for are you allowed a copy of that information from the creditors?
Wiki User
∙ 14y ago
Yes The lender has to provide you with this info.You should demand it from them. The lender is required to provide this only if requested in writing by the debtor.
Wiki User
∙ 14y ago
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If the creditors repossessed a motorcycle and then DID NOT sell it at an auction do you still owe?
No you don't still owe; once the motorcycle has been repossessed, it is no longer your concern. Whether the creditor sells it or fails to sell it is the creditor's problem, not yours.
How can you find out where a bank will sell your repossessed vehicle?
It will most likely go to a wholesale auction where only licensed dealers are allowed to bid.
If the creditors repossessed a car and then sold it at an auction can you be made to pay for the rest of the money that they didnt get out of the auction?
Yes, you will have to pay the deficiency plus repossession fees. Your obligation was the balance on the loan no matter what the car actually sold for. If you do not pay they will sue you and you will loose in court.
What if you give a car back the don't report your creditors?
When you have a car repossessed, either voluntarily or involuntarily, that car will be resold - typically, at an auction. You will still owe the lienholder the amount you owe (plus any associated recovery costs) minus the amount they got for it at the auction.
How do find repossessed auction in your area?
The Classifieds, or google.
What happens to title loan cars when they are repossessed?
They are sent to an auction and sold.
If your veh is repossessed in OKLAHOMA can you be garnisheed for any unpaid balance after auction?
Yes.
How does Chrysler financial handle repossessions?
Chrysler sells their repossessed car at auction.
Where can I find cheap repossessed Cars?
Your local car auction can provide you with a great selection of repossessed cars and trucks. You can contact banks and lending istituions for a list of cars tey have for sale most cars are sold at auction.
Can you be sued if you let your mobile home be repossessed?
You can be sued by the finance company to recover any money still owed to them after they auction the repossessed mobile home.
Can the loan co. who repossessed car tack on interest after car is sold at auction?
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Where is the closest Government auction for repossessed cars near zip code 11963?
Govdeals.com
