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Who pays off the bank loan?
07/29/2007
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Question: Who pays the bank loan if my vehicle is financed? 

Submitted by: Ron, 07/29/2007
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Answer:  You are still liable for any loans on the vehicle. If the fair market value of your vehicle is less than the outstanding loan, you are still required to pay the entire amount of the loan.

Answered by: Bache and Lynch ,  Sun Jul 29 2007 4: 34 am

Bache and Lynch

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