repossession law: car worth 2-3 times more than what I owe

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#1

repossession law: car worth 2-3 times more than what I owe

03-07-2007, 10:14 PM

Can a creditor repossession my car that's worth 2-3 times more than what I owe them?
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Law200

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#2

03-09-2007, 11:15 AM

re: repossession law: car worth 2-3 times more than what I owe

Yes--but they will sell it and then are "supposed" to return any excess to you.
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