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Sell it privately for what you owe on it.

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15y ago
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Q: How do you get rid of a car on which you still owe money?
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Can you still owe money after your car is repossessed and you are bankrupt?

You still owe the balance after the insurance money is paid, if there is a balance. You can only get rid of it, along with your other unsecured debts, by filing bankruptcy.


How do you get rid of the money that you owe from collection agency without paying them and become good credit again?

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What is the most cost effective way to get rid of my junk car?

The best way is to sell your car to someone who buys cars for parts.You won't make a fortune if you car is junk but you'll make money and get rid of your old junk car so you can get a new car.


Do you contact the credit bureaus to get rid of your debt?

Yes, but only if you do not legally owe the debt. And if that were the case, it would be easier to go straight to the creditor to have them remove it from your credit report. If you legitimately owe the money, then it becomes much more difficult to get rid of this information, since legally it can remain on your credit history for 7 years, and sometimes longer.


How can you get rid of a your car when you still have payments?

Sell it or trade it in. Then take the proceeds to pay off the loan.


I really need to get rid of my car payment my finances have changed and it's now a matter of living or keeping my credit in good standing Any suggestions?

Sell the car. If you owe more than it is worth, than you are basically screwed.


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If you want to get rid of your car for a cheaper one but owe too much what options other than repo do you have?

SELL the car for all you can get and beg,borrow,steal the difference so you can pay off the loan. THAT will keep the repo off your CR. Good Luck


Are you still eligilble for college financial aid if you owe child support and federal tax money?

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You really need to get rid of your car payment your finances have changed and it's now a matter of living or keeping your credit in good standing Any suddestions?

Yeah. Sell the car. If you owe more than it's worth, you'll need to make up the difference.


Were can you take a car that you want to get rid of but don't have the title?

Why are you getting rid of a car to which you do not have the title, is it stolen?


What does Tom Nook buy in Animal Crossing City?

Everything except fossils. Well, he can still get rid of it for you, but you don't get money for it.