Tuesday, July 9, 2013

Surfing For The Body Shop?

Donna asks…What happens when a body shop files a mechanic's lien on a vehicle for non-payment and the vehicle is?financed through a loan company. Does the loan company have to pay the body shop?Nancy answers:If the loan company wants the car they will have to pay the body shop bill. They in turn will sell the car and you will still owe the bank whatever is left on the loan after they sell the car plus what they paid for the body shop repair bill. The other possibility is that the bank will

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