Do you have to pay for a car if it gets repo in NC state gets repo?
Yes, if a leinholder reposessed a vehicle from a person that owes a debt. then that vehicle is taken to an auction and the person it was reposessed from must pay difference. If the amount owed is $12000 and the leinholder sells it at an auction for $8000 the previous owner must pay the $4000 difference and any expenses ivolved in the process.
No comments:
Post a Comment