I’m selling our dump truck and bobcat right now but business has really been slow. Should I just voluntarily have it repossessed right now rather than pay for it from my personal funds and eventually still lose it later on?
Related posts:
Is voluntary repossession of a heavy equipment a good option if your other personal credits are still good?
This entry was posted in Questions & Answers and tagged credits, equipment, good, heavy, option, personal, Repossession, still, voluntary. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.
2 Comments
I would not let it get repossessed. When that happens it will be sold and say you owe 10,000 and they get 5,000 from the sale. You will be sued for the balance. You will still be paying for something that you do not have. And they will make you pay for it. I would keep the payments up and keep trying to sell it. Advertise it better. Good luck.
Try to find some Affiliate program on internet or anywhere so it will bust of your bussiness at least you survive with ur business