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Car was repossessed wages to be garnished 4 next 3 years totaling 10k three other judgments total 2200 in line afterward ANY ADVICE to negotiate settle debt 4 lump sum payment 50 percent possible?
Silvernorthwest
If you have saved up the cash to make a lump sum payment of half of what you owe, why did you not use the money to pay off your debts before you got creamed with interest and collection costs? And if, as I suspect, you do not have the money, who do you imagine would be insane enough to lend money to a deadbeat like you? My advice is to pay what you owe from your wages and never borrow money from anyone ever again.
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∙ 13y ago
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How much will the bank negotiate with you on paying the balance of your repossessed car if your only other option is filing bankruptcy?
CASH talks and b/k walks. Why should they "negotiate" with you? They have a negotable contract and your car. What do you have? CASH will make them listen. Good Luck
What can you do if you lost your job and your car was repossessed about 2 months after you purchased it?
Pay it. negotiate with the lender for reduced payoff.The lender can get wage garnishment.ect. They will hound you till you pay.
Is there anyway to reduce the deficiency one your car has been repossessed?
You would have to negotiate that with the creditor. Many are willing to accept settlement agreements to have the deficiency paid off.
In NC what can be done if lender refuses to negotiate bal due on repossessed auto if they want 20000 for auto worth 10000?
not much, basically your hands are tied. when you pruchased the vehicle and signed a contract it was probably stated in there that if the vehicle is repossessed it will be sold at auction and the balance/credit of the debt is the responsibility of the purchaser
What happens if your mobile home is repossessed voluntarily?
You may still end up owing a lot of money on it ,and you won't have it ! State laws vary on this - better to negotiate a settlement of some kind.
If one has tax liens judgments collections and a nearly maxed out but good standing credit card what priority in steps should be taken to improve the credit score?
== == Offer a settlement on your tax liens. Negotiate a payment plan with your judgements. This is in order of importance. Once you are done with this process, then negotiate a settlement for your collection accounts.
How can you get your Acura back from being repossessed?
Make a deak with your finance co to pay off the payments you are behind. Caution...Don't refinance for lower payments or they will stick you for high interest added. Negotiate with the lender.
Is it better to let a car be repossessed or negotiate a buyout with a creditor?
It depends on your financial status, and whether there are other financial factors such as bankruptcy. The repossession is a much more serious blow to your credit standing than arranging a buyout.
How do you write a sentence using the word negotiate?
She had to negotiate with the landlord to lower the rent.
Present past future perfect tense of negotiate?
Present: negotiate Past: negotiated Future: will negotiate Perfect: have negotiated
Can you negotiate your monthly payment after your car was repossessed and sold at auction and you have several thousands left to pay?
You can certainly try. Any halfway intelligent bank manager would rather see something comming in on the note rather than have you file bankruptcy and get nothing.
What is an example sentence using the word negotiate?
We will negotiate a new price.The United Kingdom does not negotiate with terrorists.The two people began to negotiate and try to reach a compromise.
