The bank will sell your car at what ever price they can get and apply the proceeds to your account. If you owe them more than they get for it they will want you to pay the difference. You should try to sell it youself for enough to pay off the loan. Banks won't
If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.
You give your car back to the bank after filing bankruptcy, the bank will ask your attorney for the vehicle back and give you a certain amount of time and the location to return it to. Definitely do not give it back before you file you will need to have it discharged legally from your debts.
If your car has been repossessed by the bank for missing payments, the quickest and most efficient way to retrieve your vehicle is to contact the bank and make your back payments. When contacting the bank about back payments see if there is a new payment plan system that you can set up with them that is more beneficial to you, to avoid having the car repossessed again.
The person who bought the car didn't make payments so the bank takes it back.
I think They can because the old owner did pay the bills and the bank wants the car back. Yes i think they can.
I heard if you surrender your car back to the bank the loan is from, they will auction the car to get money back, if they DONT get the whole amount of what you OWE on the car... They will bill you the balance.T
Yes because that is what it is.
What is your question?? need more info
A car bought from a dealer is usually financed by a bank they want there money not the car back
Loose ground
If you hit a snow bank, you may find your car won't start if the engine or starter has sustained damage. Physical damage prevents the engine from turning over properly to allow combustion.
A car loan from a bank is a type of loan that you can get to buy a car. The bank lends you the money to purchase the car, and you agree to pay back the loan amount plus interest over a set period of time. The interest is the cost of borrowing the money. If you don't make your loan payments, the bank can repossess the car.