how much equity can you have in a car>>??
does it vary by state
i live in california
does it vary by state
i live in california
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Vehicle equity is the actual current market value of the car minus the amount you owe on the car to a lender. The amount of equity can range from negative if you owe more on the loan than the car is worth to many, many thousands of dollars if you owe nothing on the car and the car is newer and in excellent condition.Originally posted by texas99 View Post
Since equity is based on the current market value of a car and the market value of for the same car in the same condition can vary somewhat from state to state, then the answer is, it can. However, I doubt the differences are going to be very much.does it vary by stateLast edited by lrprn; 11-17-2007, 09:03 PM.I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
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