Biologist, physicist, chemist, and astronomer. All are scientists, though they explore different parts of the natural world. In spite of the differences, all scientists go about answering questions in similar ways, as you will see in this lesson.
You received the car and now owe them the money. The fact that it was involved in an accident or had a lien placed on it or was sold at auction doesn't change the fact that you still owe them money.Unfortunately this is a very tough situation. pay my car payment on time but if the mechanics put a lien on it then they can sell it for charges if the finance company wont pay them either-which they won't-they are in the business of selling cars for profit and this one is too... show more My car was totaled in an accident and the repairs are more than I can pay.
He wants to keep his car, so he agrees to repay his loan to Bank A. He no longer wants his credit card, and since it is an unsecured debt, it is discharged in his bankruptcy and he does not need to pay it back. Example of a cross-collateralization situation. Tom has a car loan and a credit card through Credit Union. His car loan contained a cross-collateralization clause, so his car secures not only the car loan but also the credit card debt. Tom files for Chapter 7 bankruptcy. If he wants to keep his car, he must agree to repay both the car loan and the credit card in full.