Quote:
Originally Posted by Harmon
Maybe in fucking Poland that's how it works, however I used to repossess cars for Chrysler/Dodge/Plymouth and after a while of searching, they will "charge it off" as a bad debt. They will no longer look for the vehicle and that is that. You can not however, ever get a clear title which in turn means you can never sell the car.
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That's what I was thinking. After a certain point it's just not worth it for them to pursue it, and they write it off. Why would they go after a car that has lost most of it's value and continues to loose money every day. It sounds stupid, but what are they gonna do? Take the car back only to sell it at a loss because no one wants it?