Car Repossession: What About The Outstanding Loan Balance?
March 4, 2023
By Eric Pemper, Founder of CuraDebtHelping people resolve unsecured, tax, and business debt since 2001 · BBB A+ accredited Last updated: July 3, 2026 Car Repossession: What About The Outstanding Loan Balance? The short answerAfter a repossession, you can still owe money. When the lender sells the car for less than your loan balance, the…
