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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 ...
Sanchez, 836 S.W.2d 151, where a repossession agent towed away a car even after the loanee locked herself in it, the court decided that this was an unlawful breach of the peace and declared the repossession invalid. The debtor was also awarded $1,200,000 in damages from the bank involved.
Some auction locations inspect and prepare the cars for sale if the listing dealer so chooses (at a premium). More extensive reconditioning is also available. Many auctions offer (for a fee) post-sale inspections for qualifying vehicles that can determine mechanical or frame damage issues and allow the buying dealer a window of opportunity to ...
Dick's Classic Garage was an automobile museum in San Marcos, Texas. It was founded in 2009 by Dick Burdick, a Texas businessman and car collector, who also operated the now defunct Central Texas Museum of Automotive History in Rosanky, Texas. [1] Dick's Classic Garage was inaugurated in 2009. [2] It closed to the public on December 31, 2018.
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San Marcos (/ ˌ s æ n ˈ m ɑːr k ə s /) is a city and the county seat of Hays County, Texas, United States. The city is a part of the Greater Austin Metropolitan Area. San Marcos's limits extend into Caldwell and Guadalupe counties, as well. San Marcos is on the Interstate 35 corridor between Austin and San Antonio.
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