car repossession
can i be sued for the remainder of my car loan after the car is repossesed and sold
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Read More Answered By: James Patterson |
Re: car repossession Yes. The lender will send you a notice stating what the amount was that the car sold at auction and inform you of the difference and ask for that to be paid within a certain period of time. If it is not, they will seeking legal action after a collection agency attempts to collect the debt. |
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