Legal Question in Credit and Debt Law in Ohio

can intrest accumulate on a repossesed car that has already been sold at aution?


Asked on 1/04/10, 9:13 pm

1 Answer from Attorneys
David Michael Benson Benson Law Firm

Usually, there is a deficiency remaining after the car has been sold. That debt continues to collect interest. Many debtors end up in bankruptcy over these deficiencies.

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Answered on 1/11/10, 1:28 pm


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