My question involves an auto loan or repossession in the State of: Georgia
My car was repossessed this week, and I only owed one more $250 payment to satisfy the loan. I lost my job 2 months ago and have struggled to finish the payments off. If they sell my vehicle, they'll undoubtedly get more than the amount i'm liable for (2008 Toyota Camry in excellent shape with 15k miles).
By law, what happens with the proceeds after the repo fees and remaining loan balance is satisfied?