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betahighlander

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betahighlander

Re: 56Chevy post# 11424

Tuesday, 05/31/2016 3:41:03 PM

Tuesday, May 31, 2016 3:41:03 PM

Post# of 13692
They have been making the payments and have the money to make the payments.
The analogy here with a car is
you are making your payments. but the car is worth less the the amount owed.

So the lender is taking the car back. And management is handing them the keys, but lender cannot come back for any further debt.

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