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Help answer this question below.
Unless you are owner or part owner in the company, you have no financial obligation with regard to the company car. It's considered company property loaned out for your use. The title, though, should be in the Company's name.
Surrendering my car. An unfinished project left lots of custom and missing interior parts. No one will buy it as is. What will the bank say?
by MikeMan33 on July 4th, 2010
| 1 person likes this
Is my dealer full of it?
by fargotojudy on July 3rd, 2010
| 1 person likes this
If someone gets a duplicate title, then uses the orginal title to get a title loan, can the title company repo it?
by Jessica_C9352 on December 30th, 2010
| 1 person likes this
How long does it take U.S. Bank to repo a car with late payments
by dchase2011 on January 6th, 2011
| 1 person likes this
If the balance of a car loan less than 10% owed, mainly their late fees , is written off to bad debt can they still repo the car
by dleigh on October 11th, 2010
| 1 person likes this
You're reading Auto repossession i have a vehicle in co. name and mine as second. Co. went under and i cannot pay for it. what are the consequenses when they repo it. will it fall back on co. or me.
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