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In NC what can be done if lender refuses to negotiate bal due on repossessed auto if they want 20000 for auto worth 10000?

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Anonymous

∙ 18y ago
Updated: 9/11/2023

not much, basically your hands are tied. when you pruchased the vehicle and signed a contract it was probably stated in there that if the vehicle is repossessed it will be sold at auction and the balance/credit of the debt is the responsibility of the purchaser

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Wiki User

∙ 18y ago
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