Legal Question in Credit and Debt Law in South Carolina
If someone returns a automobile in voluntary (repo), and the bank sells the automobile in an auction but didn't get the full value of the car, can the bank sue you? or collect for your income taxes?
Asked on 7/20/11, 7:50 am
1 Answer from Attorneys
John Jackson
Law Office of John A. Jackson, P.C.
The bank can sue you for the balance due.
Answered on 7/20/11, 8:12 am
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