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What if you are 120 days late and you pay the balance owed can they still repo your car?
If by "pay the balance owed" you mean "pay off the debt completely" then no, they cannot.
If you just mean "make up all the missed payments," it's murkier. You should contact the finance company immediately, because generally they don't really want the car, they want the money, and if they think they can get it without taking the car, they'll jump at the chance since it's a lot less hassle than going through the whole reposession process.
What else can I help you with?
What happens if you part out a financed car?
You still owe the finance company the balance owed.
Is there still money owed on this vehicle, as mentioned on Facebook?
Yes, is there still an outstanding balance on the vehicle as stated on Facebook?
Would you still see the patient if they owed a back balance?
If the patient was trustworthy and I knew the patient would pay the back balance.
Is it possible that if someone buys a car and then gets it repossessed while still owing money on it for the people you bought the car from to sue you?
yes, unless they get the balance owed. If not they will sue for the remaining balance between what is owed and what they get from the resale.
If you voluntarily turn in your automobile what happens to you in reference to the balance owed on the vehicle?
You are still legally obligated to pay the balance of the car note regardless.
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account is an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account is an unpaid balance owed.?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
What does Margin Balance mean?
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
What is the difference between the principal balance and the outstanding balance on a loan?
The principal balance is the original amount borrowed, while the outstanding balance is the amount still owed on the loan after payments have been made.
Can a company make you pay the balance on a car if insurance do not cover it all?
Yes, You still owe the balance of any note owed to your Finance Company.
Can a company who closes your account try to collect interest three years after closing the account?
Yes, if you still owed a balance at the time the account was closed. Just because a company closes an account does not mean that any balances that are owed to them disappear. If your account was closed and there was still a balance outstanding and you did not pay that balance, the company has every right to collect the balance and any interest outstanding.
