Unpaid car loan what is the legal action the bank can take if they are threatening to take legal action? - bank takes legal action against me for car loan
OK, so I made it clear the Federal Navy, I am unemployed and can not pay my car loan so now in an upswing phase possession and threatening legal action against me. This can happen for me.
Monday, January 25, 2010
Bank Takes Legal Action Against Me For Car Loan Unpaid Car Loan What Is The Legal Action The Bank Can Take If They Are Threatening To Take Legal Action?
Subscribe to:
Post Comments (Atom)
3 comments:
In general, they reported selling the car and sue for the difference between what they receive, and the balance of your loan.
What part of this balance will depend on many things really - that is, the amount of money you currently have and the rules of their state on these issues.
If you do nothing and has no income, it will be very limited: dog, they sell to a collection agency for the dog ....
* You will get a foreclosure on your credit report.
* You can not have a car and send it
* The car will be auctioned to the highest bidder, and you have to make up the difference between the value of the vehicle and the loan to pay with div. Collection of fees and penalties nailed
They will not go to jail or something, but someone who is your credit report will know that you have $ $ $ and it is possible collectors harass you for a while.
---
Kasey C Guru PC since the days of the Apple II
Out Of My Mind. Back in five minutes.
Who is your car.
Post a Comment