Sentences with phrase «if after repossession»

If after repossession, the car is sold for less than $ 300 no further action can be taken against you to pay the remaining balance.

Not exact matches

It would be far more beneficial if the extended notice was granted after a repossession had been granted, which would allow tenants good time to find another property.

After the personal liability is eliminated, secured creditors can enforce their liens through repossession if you default on the loan, but they can not sue you for any deficiency.

1Cosigner Release allowed if an account is in current standing, after 36 months of consecutive and on — time payments with a borrower FICO greater than 699 and minimum income requirement of $ 30,000 for loan balances up to $ 100,000, and income requirement of $ 50,000 for loan balances over $ 100,000 with no foreclosures, repossessions, wage garnishments, unpaid judgments or other public records having an open balance exceeding $ 100 during the last 7 years.

3 Cosigner release allowed if an account is in current standing, after 24 months of consecutive & on — time payments with a borrower FICO > 749 for EDvestinU Private Student Loans and minimum income requirement of $ 30,000 with no foreclosures, repossessions, wage garnishments, unpaid tax liens, unpaid judgments or other public records having an open balance exceeding $ 100 during the last 7 years.

If you've included mortgage or auto loan arrears in your bankruptcy, foreclosure or repossession proceeding may restart after your bankruptcy is dismissed.

If you have rent arrears, in some situations your landlord could start repossession action even after you go bankrupt.

If you do not surrender and deliver your vehicle after 10 days in default, your lender may take the first step in the repossession process.