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LPT: Repossession is not usually the end of the deal. You probably still owe after you buy something and it gets repoed/repossessed
LPT: Repossession is not usually the end of the deal. You probably still owe after you buy something and it gets repoed/repossessed It seems to be a common misconception that once your car or whatever gets repoed that the exchange is done. You didn't pay sufficiently (or some other thing), the finance company or bank or whoever (and for cars, it won't always be the dealer) repossesses it, The End. No. No no no no no no. Unless you worked out with the company that returning...
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