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Sell it privately for what you owe on it.

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โˆ™ 2008-09-15 17:42:58
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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?

how to get rid of the money that you owe from collection agency without paying them and become good credit again


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.


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.


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.


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.


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?


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


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.


Why does the US owe money to China?

There you have it!! The interest...why does US goverment have to pay interest for the money it uses as a medium of exchange. Because US goverment does not print it's own money and have to pay interest to the Federal reserve (privately owned!!) for the money it could have printed on its own (like Abraham Lincoln did ..) So agreed that it would still have to pay interest to China, but it would get rid of the interest as well as half of its debt (which is to the FED) and the interest!! Then if US improves it's economy and produce stuff then to consume, it can pay off China's debt which is merely 10% of its total debt! I really don't care, but why do we owe money to China?


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.


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

Possibly. But, it sounds like you need to get a survival job to pay these obligations off before you borrow more money. None of these expenses would ever be something you could get rid of in bankruptcy. There are lots of good non-profit credit counseling companies and you should take advantage of their advice.

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