Yes, there is no difference of application of debt owed whether a vehicle is voluntarily surrendered by the borrower or the lender takes steps to recover the vehicle. The borrower is responsible for all costs associated with the vehicle after it has been sold at public auction. If the vehicle has been damaged and cannot be sold under such conditions the borrower will be responsible for the entire balance of the loan plus fees and penalties. The lender has the right to pursue litigation to recover monies owed and if granted a judgment can execute it against property belonging to the debtor.
Chris, I dont know the answer to the question YET. I will find out today. Email me latyer on and Ill have it for you. What does the lender "say" they will do???
In Texas they can.
The affects of tornadoes in Texas are the same as they are elsewhere. Homes and other buildings are damaged or destroyed, trees are damaged, snapped, or uprooted, crops are damaged, and people and animals are killed or injured.
Yes. Texas was a part of Confederacy and a Texas regiment was the last group of rebel soldiers to surrender.
in Texas u cant
Yes, you are responsible for the balance not recovered through an auction, certains fees the lender charges which include the tow. If bankruptcy if filed with the amount of the debt owed, then the debt is discharged and you are not responsible for any money owed. Since bankruptcy is Federal, it applies to All states.
Whatever the LENDER requires.
The lender could foreclose on your house.
c. Texas
In most instances when you get behind on your payments. The exact details of when the lender will repossess the vehicle is listed in the contract you signed when you took out the loan on the vehicle. Read your contract with the lender.
Hd
the consenquences for searching for gold in Texas are:you have to look for several weeks or months,your utenciles can be damaged,and you can be injured