If my car get reposed. Whats the worst that could happen?

Question:


Answers:

How do street lights know to change when you pull up?

They can after a while, auction it off for a lower price that you owe and then make you pay the difference.

What was the largest multi-car accident?

You lose the car, and get a bad credit rating. They may hound you for back payments, also.

There is a car illegelly parked in front my home and it is blocking the trucks to plow the snow!?

You will be on foot and your credit rating will be in the sewer!

Is it worth the money?

Say good bye to good credit and trying to find another good dealer to sell you a car for a long long time.

Will a handbrake work if the brakes fail?

first they will auction off the car, then they will sue you for the rest
if they can't get enough, eventually they will attach your wages, apart from going bankrupt ,they will get their money

Please help me with this question/concern*********Thank you sooo much?

it will mess your credit , they will sell it hopefully for what u owe

Death by drink driving?

i had a truck repossed and it wrecked my credit. also they wholesaled it and i was responsible for the amount left over to pay it off.

Car Bumpers, etc. Are insurance cos. and auto makers.?

The lender will sell the car for whatever they can get for it
Then
they will come after you for any deficit plus costs
in other words they sell it for lets say $2000
you owe lets say $2500
They will come after you for the difference of $500
plus the cost of legal matters to repo car and the fee that the repo man charges and any storage they pay while its being held before it's sale

Are old ppl buying junk cars so they don’t have to be responsible for their boo-boo’s?

This could go on your cridit report!
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