Car repo
Date: Sat, 04/17/2010 - 18:01
I am in Mass. Can lenders get a deficiency judgment from me for a reposessed vehicle?
If the net proceeds from sale were less than you owed on the acc
If the net proceeds from sale were less than you owed on the account, then yes - they can file suit to recover the balance.
Been there done that, I ended up paying a 25% lump sum settlemen
Been there done that, I ended up paying a 25% lump sum settlement of the balance.
