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What happens when you turn your car in for a voluntary repossession?
Other than a horrible bad credit…what does this process entail? Do I owe them anything? HOw do I go about doing this?
How does a voluntary repossession affect your credit?
Here is the deal. I have a $535 per month car note. I can afford it, but I would love to get a lower payment so that I can pay some principle down on my home. The new car note would be $237 or less. Thats ~$298, approximately back in my pocket. Should I take [...]
What are the steps to do a voluntary vehicle repossession?
My husband recently had an accident, his not working. Were not able to pay the car anymore. The lender told us, if we do a voluntary reposession on the vehicle that they will sell it on an auction and depends what the price they sell the car and the rest I will need to pay. [...]
What are the rules of a voluntary repossession of a vehicle?
We can not afford our car anymore. My husband lost his job and finances are tight . I am working but it is not bringing in as much and i use most of my money on food and necessities. So a car payment is out of the question right now. We barely make enough as [...]
Is voluntary repossession of a heavy equipment a good option if your other personal credits are still good?
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?
Posted in Questions & Answers Also tagged credits, equipment, good, heavy, option, personal, Repossession, still 2 Comments
how does a voluntary vehicle repossession affect your credit?
How points go down? Is it considered a collection? How long does it stay on your record? If a lease, does that payoff go on your record?
Money for Voluntary Repossession [Commercial]
Get something instead of nothing for your car or truck. Don’t let the repo-man take your vehicle for free!! Call now to find out how much you can get for you car or truck today (404) 396-0562.
How can a voluntary repossession hurt you?
My husband and I live in a crap, crap, crap, did I mention crap mobile home. Well, now we need to buy a house becuase our place is falling apart and I hate that my son has to grow up in such a POS. Anyway, we still owe on this place but KNOW that no [...]
Would a voluntary repossession hurt my chances of getting an apartment?
I’m currently paying an auto loan from Navy Federal and can no longer make the payments. Will a voluntary repossession hurt my chances of getting an apartment? It’ll pretty much be the one and only negative thing of my credit.
Posted in Questions & Answers Also tagged apartment, chances, getting, hurt, Repossession, would 2 Comments
Voluntary Repossession & Deficiency Balances Video | Bills.com