Arizona | Consumer Law
8/28/09, 12:33 pm
Legal Question
can you sell a car that is going to be repossesed?
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Legal Answer
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Read More Answered By: Blake Simms |
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can you sell a car that is going to be repossesed?
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Read More Answered By: Blake Simms |
You might be able to sell the vehicle, but you are still going to owe all past payments. This will depend on whether they have obtained from a court an order of replevin. If a court has issued an order the vehicle is no longer yours, you would not be able to sell it. Even you are in a position to sell it, you will still owe the holder of the security interest (bank or assignee) the balance on the loan. |
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