What would you like to do?

Can a lender take your tax return until the debt is settled after you voluntarily surrender your car and you make payment arrangements with the them?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .


NOT unless they get a judgementand attach your returns.
Thanks for the feedback!

Can the lender file a felony warrant if you refuse to surrender the car?

Yes, they can. Legally, the car you financed is owned by the lender. If you fail to make your payments and then refuse to surrender the car, you are depriving its rightful own

What is the difference between a car been repossessed or voluntarily surrendered?

  Answer   AS far as your credit goes there isn't any a repo is a repo it stays on your credit for seven years.A voluntary repo can save you $200-300 in repo fees .Yo

What payment methods do the DVLA take for car tax?

The DVLA takes many different payment methods for car tax. The DVLAcar tax can be paid by a bank transfer, cash or a credit card. Apayment proof is required before application

Can a person voluntarily return a car to the bank to avoid repossession?

Repossession     That is a repossession. Anytime the lender get's the car back instead of the money agreed to on the contract, it's a repossession. It will show as

The question and answer are locked and cannot be edited.

How do you surrender a car to the bank or lender?

Repossession . \nBad idea!! This is called a voluntary repossession. Your credit will be ruined for 7 years, and you will still be responsible for the difference in what th

Do you still have to make payments after returning a car?

Making Payments After Returning a Car No, you do not have to make payments HOWEVER.....once they sell the car you still owe the left over balance. Just because you don't have

Can the dealership seize your car for defaulting on the downpayment while you are still making your payments on time to the lender?

%FOLLOWUPS%     seize your car for defaulting on the downpayment.... default is default.       What does "default mean default" mean??? Can someone answer the

Should you surrender your car to the lender before or after bankruptcy?

 Answer   According to the contract you signed when you bought the car, you should surrender it any time you are in default. Sooo, what difference does a day, a few day

If you still owe a considerable amount on your car that isn't running should you continue to make the payments and insurance or voluntarily surrender it or sell it and take out a loan for the balance?

Answer . \nSell or continue to make the payments. Do not let the car be repossed. This would hurt your credit and is the last thing to do.

Can a collection agency take you to court if you have not returned their calls or made payment arrangements but you send small monthly payments which they deposit?

  Answer     Yes.     It is a common misconception that a creditor or collector cannot pursue legal action if any payment from the debtor is accepted. 

In Texas can you still be sued if you voluntarily surrender a damaged car to the lender?

  Yes, there is no difference of application of debt owed whether a vehicle is voluntarily surrendered by the borrower or the lender takes steps to recover the vehicle.