do i have to pay off my full automobile loan after my automobile was repoed?

My non-working automobile (ford) was repossessed final year. we have a bal of 2k upon it as well as a loan military officer wants a full volume in a single remuneration differently pronounced we will be sued as well as charged one more fees in a volume of 1,500 not together with authorised fees! Is this right? Also we asked what a automobile had sole for as well as if we could compensate a disproportion in between which though he would not give me any information.


6 Responses to “do i have to pay off my full automobile loan after my automobile was repoed?”

  1. Tim says:

    Absolutely they can. You financed a automobile as well as sealed a joining to a lender which we would compensate a complete loan. If a car was repossessed, afterwards we substantially didn’t perform a conditions of a agreement as well as a lender has all authorised chance to acquire a superfluous change of a tenure of a loan.

    Personally, I’d see if may be we could solve with them during a reduce rate. Otherwise, they could take we to justice as well as we could be theme to a superfluous change as well as attorney’s fees.

  2. Scott H says:

    You have been obliged to compensate a strange volume of a loan, as well as any liberation or authorised fees they can legally add. So a answer is yes.

    Typically, they sell a repossessed car during auction as well as concede a sale volume from what we owe. Maybe which didn’t request in your box given we pronounced a car was non-working.

  3. Michael W says:

    they have been gonna hook a little charges though typically a will auction it after repo as well as we would be left with a superfluous change if there is any. If they wish a full volume of a rest of a loan afterwards they havent resold it due to which if we paid it off they would have to give a automobile back. with a change being as tiny as it is it would many expected be staid in tiny claims. a loan officers will try their most appropriate to shock you. we will contend which if a automobile is value positively zero they would try harder to get we compensate with some-more stretchable schedule. He wouldnt discuss it we what it sole for since he might still have it. mount your belligerent as well as discuss it them we will compensate a disproportion similar to we said. If it goes to justice as well as a decider hears this he is gonna order in your favor. Your perplexing to do a right thing. They have been perplexing to have even some-more income from you. they have been a rats.

  4. Otto says:

    “Michael” is positively wrong. They have been not a ones who defaulted upon a loan. They have each right to pick up what is due to them according to a conditions which we concluded to. They can as well as will do whatever required to pick up what we owe them.

  5. alfredb1979 says:

    If it goes to justice as well as a decider hears this he is gonna order in your favor.
    —-

    LOL.

    The OP defaulted upon loan terms. we disbelief Judge Judy ignores that!

    As for a car, it wasn’t acutioned for anything some-more than scrap. THAT is because we will not get a sale volume figured in to what we owe.

    I know a single thing, if Mikey is a lawyer, he is very hungry to death.

  6. Sam says:

    Financed cars is some-more costly to word means it requires full coverage. You can review how most we would compensate for full coverage of this automobile regulating this apparatus – carinsurance.deep-ice.com

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