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2. Repossession - Wikipedia

   en.wikipedia.org/wiki/Repossession

   Repossession does not necessarily satisfy the loan. If the repossessor sells the asset for an appropriate amount, and if that amount is less than the amount of the loan, and if the repossessor sues the debtor for the balance (plus reasonable fees if applicable) in a timely manner, the debtor may be liable to pay the balance (sometimes called ...

3. My car was repossessed after 6 months of missed payments ...

   www.aol.com/finance/car-repossessed-6-months...

   This doesn't mean that if you owe $20,000 on a car loan, you'll have to give your lender the full amount after they take your car, though. It depends on whether your car sells, and for how much.

4. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   In the United Kingdom, true foreclosures are quite uncommon, with mortgage possession (or alternatively, repossession) being more common. In the case of mortgage possession or repossession, if the home is sold or auctioned for a price that exceeds the loan balance, those funds are returned to the consumer.

5. How to get out of a title loan: 5 legal title loan loopholes

   www.aol.com/finance/title-loan-5-legal-title...

   Negotiating with your lender or searching for a bad credit personal loan may help you avoid fees, pay less in interest and prevent repossession. And until you get out of debt, always stay on top ...

6. Debt settlement - Wikipedia

   en.wikipedia.org/wiki/Debt_settlement

   Negotiating with a collection agency or junk debt buyer is somewhat similar to negotiating with a credit card company or other original creditor. However, many collection agencies (or junk debt buyers) will agree to take less of the owed amount than the original creditor, because the junk debt buyer has purchased the debt for a fraction of the ...

7. What is a reverse mortgage? How it works, who it’s best for ...

   www.aol.com/finance/what-is-a-reverse-mortgage...

   Yes. You’re at risk of losing your home if you fail to pay property taxes, keep up your homeowners insurance or maintain the home. The loan can also become due if you move out for more than 12 ...

8. Nonrecourse debt - Wikipedia

   en.wikipedia.org/wiki/Nonrecourse_debt

   Recourse debt or recourse loan is a debt that is backed by both collateral from the debtor, and by personal liability of the debtor. [2] This type of debt allows the lender to collect from the debtor and the debtor's assets in the case of default, in addition to foreclosing on a particular property or asset as with a home loan or auto loan.

9. How to Negotiate Your Home Purchase - AOL

   www.aol.com/news/2010-03-16-how-to-negotiate...

   No matter how low of an offer you put in for a home, it almost never fails that at some point you get buyer's remorse wondering if you could have purchased it for even less. Some realtors might ...