Welcome! | Ask A Question

 
 
 
 
Question

Asked 1/1/2009

Auto repo laws

I live in kentucky. myquestion is if the finance company repossesses my car, am I responsible for any other payments.

 
 
 
 
 
Answers

Answer 1/2 - Submitted 1/2/2009

They will take this car or truck to an auction and what ever it brings they take this off the what you ow, then charge you for the rest of the money, and they take you to court after a while here in ky, .

 
 

Answer 2/2 - Submitted 7/16/2010

Yes u r responsible for any other payments

 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
Should i let my truck go or my credit cards and rothira?

Im 25 with a career making 50-66k a year. with a 401k. i also have a ira with 400 a month going in. $6200 on a discover and $4200 on citi card in debt. problem is, auto is $17k neg equity. balance is 38k. auto payment $635. my budget is min payment to discover $125 and $189 citi. 125-189-400 is over...

See Answers

 
I am currently trying to have my 401k rolled to my ira, i am over 65 and close to retiring what laws govern

What laws govern 401k rollover. is the plan administrator (employer and and/or the company that holds the plan) goverened by laws as to timely transfer of funds, or are their internal plan restrictions that govern request for rollover.

See Answers

 
Is an auto allowance payment eligible earnings for 401k contributions?

My company withheld 401k contributions from my monthly auto allowance payment. is that considered "eligible earnings?"

See Answers

 
Related Questions

Should i let my truck go or my credit cards and rothira?


Im 25 with a career making 50-66k a year. with a 401k. i also have a ira with 400 a month...

 

I am currently trying to have my 401k rolled to my ira, i am over 65 and close to retiring what laws govern


What laws govern 401k rollover. is the plan administrator (employer and and/or the company...

 

Is an auto allowance payment eligible earnings for 401k contributions?


My company withheld 401k contributions from my monthly auto allowance payment. is that considered...

 

Does it make sense to withdraw from a 401k to pay off our credit cards?


We have approximately $25,000 in cc debt and $7,000 in auto loans, along with $90,000 in home...

 

I'm unemployed and have taken out of my ira. are there any laws to help me out with the penalties?


I'm unemployed and have taken out of my ira. are there any laws to help me out with the...

 

Laws


My xemployer is holding my 401k. its been four years since i left. how long can they hold...

 
 

See more 401k questions

 
 
 
 
 

Ask A Question

Ask a new question about
401k: