Vehicle Titles

Do lenders ever accept settlement offers on the deficiency owed after a car is repossessed?

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Wiki User
2005-05-04 12:19:32

YES, make a serious offer. You do have leverage you can threaten

them with Bankruptcy which means they get nothing, zero.Do not be

afraid to use this or do it.. recovering from chapter 7 or 11 is

much easier than it used to be.

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