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Voluntary Repossession

has anyone did a voluntary repossession with cps?

November 19, 2009

repossession

I had 2006 chevy impala and the car started to breackdown so I got tired of fixing the car and paying 489$ a month . My loan is with cps Has anyone dealt with them.They picked the car up about two weeks ago.

Sell and Rent Back

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My girlfriend is behind on her car loan and has been threatened with repossession. To make matters worse, she?

My girlfriend is behind on her car loan and has been threatened with repossession. To make matters worse, she had an accident (her fault) the same day her insurance lapsed and did $3000 damage to the car. She cannot afford to repair the car or make payments anymore so she is going to give up [...]

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Question about a voluntary vehicle repossession?

I want to volentarily turn my vehicle into the bank. From what I understand, the car will be auctioned off and the bank will send me the bill for the balance. So, say I owe 16k on it and the bank sells it for 10k, then I get a bill for 6k? Right? [...]

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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 [...]

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What are the risks to voluntary auto repossession?

I own 2 cars. The car I am looking to get repo’d was an ex’s car that I bought. That person passed away and I just don’t want to deal with the car. I’ve heard there are ways to get a repo off your credit report using law firms, so I’ve been [...]

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Is a voluntary repossession any better than a repo where they have to come get it?

I voluntarily surrendered a car because it was a piece of junk and now I want to purchase a new vehicle.Passive Income

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how long does a paid in full voluntary automotive repossession stay on your credit report?

my truck went to auction. the auction selling price didn’t pay the loan off. i just got done paying off the difference. how long will this negative item stay on my credit report?Quick Property Sale

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By how many points does a voluntary repossession of a car affect a credit report?

This assumes that all other debts are kept up, and nothing else goes into default. Also, would having a seperate auto loan kept current help to mitigate the damage?Rent Back Fast

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