 |
How long do you have to pay off the balance after your repossessed car is sold?In: Repossession |
[Edit] |
[Edit] 
Answer
this sounds soooo simple. UNTIL you get it payed off or discharged by B/K. Lenders will sometimes accept a CASH offer, so keep that in mind at refund time. B/K will clear off the debt but your already bad credit will be even worse by doing so. Try to pay something on a regular basis if possible. Good Luck
First answer by roosta. Last edit by roosta. Question popularity: 46 [recommend question]
|
Also see on Answers.com Research your answer: |
Can you answer other
questions about repossession?
- What documents are required for repossession of a vehicle in AustinTexas?
- Car sold as is and repo do you need to pay for the car?
- My car was in an accident and is still at the body shop which hasn't been paid yet he finance company wants to repossess the car. Can they repo it from the body shop?
- What happens when a motorcycle gets repossessed?
Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Repossession > How long do you have to pay off the balance after your repossessed car is sold?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
How much time do you have to pay the balance of a sold car? If your repossessed car cost 8000 and it got sold for 2000 do you have to pay the rest?
