VERY likely, YES. Type of repo doesnt matter. Read your contract as to what states laws goven collection activities. The l2 links below will give you more info.
http://www.georgia.gov/00/home/0,2125,4802,00.html
http://www.weblocator.com/attorney/fl/law/conspro.html
What makes you think you can just return it. You can't. You bought it, you own it. Now if you are talking about doing a voluntary repossession, of course it will ruin your credit for 7 years. A repossession is a repossession, voluntary or not.
1st place to look would be at the car lot you bought it from.
You signed a contract and drove it. It is not new anymore. Returning it would be a voluntary repossession and you would probably owe several thousand dollars. Yes, it would hurt your credit.
If you bought the car from a dealer you have 30 days if you bought it from a private party you have 7 days in georgia.
They have to have permission from the courts or judge to have a lien placed on the property. It won't automatically transfer to another house.
it was the president who bought Florida for $5million and the whole Texas
Spain bought the land south of Georgia
you pay the tax of the state that you bought it in
We bought California and Florida from them.
We bought it from Spain in exchange for Cuba.
It is called voluntary repossession. They will sell the car. You will then have to pay the difference in what the car sells for and the balance on the note. You credit will then be ruined for 7 years. You don't want to do this.
yes