Legal Question in Credit and Debt Law in Texas

mobile home repossession

what happens when they repossess a mobile home.


Asked on 11/14/06, 12:23 pm

1 Answer from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: mobile home repossession

They sell it at auction and apply the money first to costs of sale, costs of repossession, then against the outstanding note. They'll go after the debtors for the unpaid balance (deficiency).

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Answered on 11/15/06, 11:53 am


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