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If you owe $12,000 on the loan, for example, and the lender sells your repossessed car for $8,000, the $4,000 difference — as well as any associated fees and costs — are called the deficiency ...
A bank created fake accounts, forced clients into unnecessary car insurance and repossessed vehicles when they didn’t pay. Now it has agreed to $20 million in penalties
Most car dealerships do not pay cash for the vehicles they buy at auto auctions. [23] They rely on inventory financing, a line of credit extended by a bank or other institution to acquire vehicles. [24] This is known in industry parlance as floorplanning (floor planning) or simply "flooring" vehicle inventory. [25]
Various objects can be repossessed, including boats and aircraft, but most repossession agencies focus on car repossession. The repo agent normally uses a tow truck or pickup truck with a special towing attachment called a boom. They also may obtain the key from the car owner. Usually, the vehicle owner must be notified of a repossession.
Craigslist headquarters in the Inner Sunset District of San Francisco prior to 2010. The site serves more than 20 billion [17] page views per month, putting it in 72nd place overall among websites worldwide and 11th place overall among websites in the United States (per Alexa.com on June 28, 2016), with more than 49.4 million unique monthly visitors in the United States alone (per Compete.com ...
Police in Georgia are looking for a retired couple who went missing after responding to a Craigslist ad for a vintage car. Elrey Bud Runion, 69, and his wife June, 66, were last seen Thursday when ...
The 2000-series was a series of Chicago "L" car built in 1964 by Pullman-Standard of Chicago, Illinois. 180 cars were built. The 2000-series was the first of five series of Chicago "L" cars known as the High-Performance Family. Delivered to the CTA in 1964, they were built as married-pair sets, like the PCC-based 6000-series cars before
540 West Madison, formerly known as ABN AMRO Plaza, is an office building located in the West Loop area of Chicago, Illinois, United States. The building was built for ABN AMRO, parent company of Chicago financial institution LaSalle Bank. To the east sits Citicorp Center building and to the south, residential-complex of Presidential Towers.