answersLogoWhite

0

It depends on the state, but generally, in the U.S. the lein holder will eventually sue you for the difference of what the vehcile sold for and what you owed on it. Generally speaking, you will either have to pay it or file bankruptcy.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Is sales tax paid on an auto when it is sold person to person?

Yes it is. Sales tax is paid when you transfer the vehicle ownership.


You sold a car to a friend she has not paid you in full how do you get the car back legally?

By taking them to court


Bank won't release title?

A bank won't release the title to a vehicle until it has been paid in full. This is done to prevent the vehicle from being sold while payments still remain.


How can you find out what the vehicle was sold for you were told that if they sold the vehicle for more than what you owe they have to report that to the credit bureau as paid in full?

how can you find the vehicle that the owner sold?


What is the amount that you would have if everything of value would be sold and all debts are paid in full?

net worth


If a loan was in foreclosure when property was sold how will it report to credit bureaus?

It reports that it was previously in foreclosure and is now paid-in-full.


You sold your ATV before it was paid off is that illegal?

I sold my ATV that was not paid off is it illegal?


Is Titan auto insurance sold in Europe?

No, unfortunately Titan auto insurance is only restricted to United States of America. It is not sold in Europe. But there are other types of auto insurances in Europe.


What kind of things are sold by Abra Auto Body?

There are many products that are sold by Abra Auto Body. This auto body shop sells tires, rims, windows, automobile accessories and maintenance services.


If you are paid 15 per 100 sold what is your type of payment?

You are paid on a 'commission' basis.


1797 concert tickets were sold for a total of 4848 If students paid 2 and non-students paid 3 how many student tickets were sold?

543


Which auto maker sold the most vehicles in 1985?

Ford.