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Category Archives: Motor Vehicles

Negative Equity in Motor Vehicles

Negative Equity in Motor Vehicles

MOTOR VEHICLE NEGATIVE EQUITY AND BANKRUPTCY Oftentimes when a person purchases a vehicle from a dealer they trade a vehicle for the purchase of the “new” one that has a debt owed against it.  If the debt owed on the traded vehicle is greater than what the dealer provides the purchaser in trade value, then… Continue Reading