car repo

[momma brown]

What is the name of your state (only U.S. law)? North Carolina
Can a bank charge you for the cost of the repo, storage and preparation of sale of vehicle?

 

[CourtClerk]

What is the name of your state (only U.S. law)? North Carolina
Can a bank charge you for the cost of the repo, storage and preparation of sale of vehicle?

Yes they can

 

[momma brown]

What is the name of your state (only U.S. law)? North Carolina
Can a bank charge you for the cost of the repo, storage and preparation of sale of vehicle?

Thanks better tell daughter the bad news

 

[adjusterjack]

Also tell her that her contract might require her to pay the entire loan balance to get the car back.

It's called an "acceleration" clause.