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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 ...
Hughes was shot and killed while attempting to repossess a car on Fairmont Road in Richland County. A brother and sister — Raheem Jackson, 20, and Essence Jackson, 19 — have been charged with ...
The effects of the coronavirus pandemic have been especially burdensome on auto loans borrowers. Unlike student loans and mortgages, there are no government-backed relief programs to cover a ...
Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.
When a provision of law requires that repossession takes place, the lien holder has a non-delegatable obligation not to cause a breach of the peace (which is synonymous with disturbing the peace) in performing the repossession or the repossession will be reversed, and the party ordering the repossession will be liable for damages (or the lienholder will be held responsible).
Among those killed were 37 players and 9 coaching staff members. 13 October 1972: Old Christians Club: Rugby union: Uruguayan Air Force: Fairchild FH-227: Argentina: 29: 12: Eleven players were killed. Survivors resorted to cannibalism until their rescue on December 23. 13 February 1975: Västra Frölunda IF: Ice hockey: Baron Air: Cessna 402 ...
A tow truck driver shot and killed the owner of a car being repossessed Wednesday morning, according to Fort Lauderdale police/ Tow truck driver shoots car owner during repossession, Fort ...
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