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If your car is repossessed in Arizona can they collect any deficiency or is the debt forgiven when they take possession?In: Repossession |
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The debt is NOT forgiven. See link below. ArizonaRevisedStatutes
First answer by roosta. Last edit by roosta. Question popularity: 56 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Repossession > If your car is repossessed in Arizona can they collect any deficiency or is the debt forgiven when they take possession?
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Car repossessed in arizona? Under arizona law what can the creditor do to collect the deficiency? 'If your car is repossessed in Arizona can they collect any deficiency or is the debt forgiven when they take possession'?
