Auto repossession if my car gets repossed for non payment can they make me sell my house? and can thmake me pay the balance?

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Anonymous

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mike

They would have to take you to court and then try to enforce the judgement. If things get to that level then file for bankrupcy. Also repo breaks the contract so it gets very questionable and this varies by state how much they can get. Usually it is nothing.

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mike

They can't touch your house. Once they have the car that is the collateral for the loan. They can sue you and get a judgement to put a lean on your house. In most states repo breaks the contract so once they have the car the balance is no different than a unpaid credit card.

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