Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Signalman

I know the repossession types well. They are actually RELIEVED when the car is taken back. Who cares if their credit takes a hit?


13 posted on 08/04/2022 9:24:52 AM PDT by fwdude (Racism is not dead, but it is on life support - kept alive by politicians….” — Thomas Sowell)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: fwdude
When the bank sells the re-poped vehicle,and the total amount of the loan is not satisfied...the previous owners are on the hook for the remainder of the balance.
19 posted on 08/04/2022 9:29:09 AM PDT by 4yearlurker
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson