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Bankruptcy

: The Debt Podcast

How Does a Repossession Work?

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Repossession can be a very scary process, which can also happen pretty quickly. Essentially, in New York State, when a borrower has defaulted on a car loan, the creditor has the right to repossess your car even if you are only a few weeks behind. And to do so, the creditor does not even need permission [...]

Full post as published by The Debt Podcast on December 19, 2009 (boomark / email).

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