Where Does the Equity Go When Your Car is Repossessed and Sold at Auction?

Having your car repossessed and then sold at an auction can result in a lot of questions about the equity in your car and how it can be used to recoup the money that you owe for your loan. In this video, I will give you the basics of the process and answer some commonly asked questions about equity and how it can be used to pay off the loan you owe.


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