What happens if my car used for collateral gets towed

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i used a car i had as collateral but i stopped pay the insurance or tags but still pay my loan off on time the company never said anything about me no longer having insurance on it but my apartment is towing it because its not non opt will there be a problem even if i just continue to pay my loan on time??

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3 Answers

Anonymous 0 Comments

Are you planning on just leaving it at the tow yard until they eventually sell it and use the proceeds to pay your tow and storage bill?

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