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Are you responsible for loan balances after repossession?In: Repossession |
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Kris, in MOST cases, you are responsible for the BALANCE DUE. Read the contract you signed to find out more on it.Its NOT something you want to forget about. lenders do get judgements for the balance and do collect them. Good Luck
First answer by Kristina. Last edit by roosta. Question popularity: 220 [recommend question]
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Am you still responsible for a loan after repossession? Does Georgia law require repossession balances to be repaid?
