can they pursue the car if the interest has already covered the loan?
can they write it off or ask for a different settlement amount?
will they write off the full amount if they repossess the car?

1 Answers
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It totally depends on the lender that how they want to extract the dues. Yes, definitely, the settlement amount is going to change if the total amount changes. They can ask for a higher settlement amount. It would be better if you directly contact your creditor and discuss about the issues.

And if they repossess your car, and you still owe them, you'll be entitled to pay the extra amount.

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