Thursday, July 3, 2014

If I let my car be repo'd can they collect value differece if my only income Soc. Sec.?

Question

If I let my car be repo'd can they collect value differece if my only income Soc. Sec.?



Answer

They can always seek a deficiency judgment against you, but if you do not have any assets the likelihood of a lawsuit is fairly low.



No comments:

Post a Comment