0
What else can I help you with?
If my balance is paid can my car be reposessed?
no if it is paid it is yours unless, there is a lien on it
Do you have to pay for the car loan if it is reposessed?
yes they will aucaution it off for pennys on the dollar and then they will sue you for the rest or garnish your wages
Should you buy reposessed car?
I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player). I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player).
What do you need to do after your car is reposessed?
get a new car and get a life
Can your car be reposessed if you are in hospital?
Yes
What happens when a car is repossessed and you are the cosigner?
You will also be liable for any deficiency balance
Can a car be reposessed if the loan taken out on the car is much less than what the car is worth eg i have 7200 for a car and i only need about 2000 so if i default can my car be reposessed?
Yes.
Can you get in trouble for taking a car out of state that is supposed to be reposessed?
no
What happens if a car is repossessed?
Unless you contact the bank and work out a solution, they will sell the car. You will then be liable for the difference in what the car sells for and the balance on the note.
Can a car be reposessed after judgment?
Whether or not a car can be repossessed after a judgment depends on the judgment.
What will happen if you dont give up your reposessed car?
They will come and take it.
How do you get a car loan to pay for your reposessed car?
Go to the individual banks, and credit unions, and talk to them.
