Posted on: 18th Feb, 2009 06:44 pm
can i receive a deficiency judgement against me for voluntarily surrendering my car? i lost my job and am no income. i live in nc.
Hi shannon4austin!
Welcome to forums!
As far as I know, you will have to pay the deficient amount resulting from the sale of the vehicle. But you can definitely negotiate with your lender to see if he can reduce or forgive the deficient amount.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
As far as I know, you will have to pay the deficient amount resulting from the sale of the vehicle. But you can definitely negotiate with your lender to see if he can reduce or forgive the deficient amount.
Feel free to ask if you have further queries.
Sussane