Your Car Was Repossessed. Here Is the Legal Process That Determines Whether They Can Still Come Af..
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Your Car Was Repossessed. Here Is the Legal Process That Determines Whether They Can Still Come Af..
A vehicle repossession does not automatically give the lender or a debt collector the right to pursue you for the remaining balance. Whether they can legally collect that deficiency depends entirely on whether they followed a specific legal process both before and after the sale. Under UCC Article 9, which governs secured transactions in every ...
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