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If a person gets their repossessed car back within a certain amount of time can the bank report it on their credit in Arizona?

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2015-07-15 19:23:32
2015-07-15 19:23:32

If a person's car gets repoed, the bank can report it on their CR in any state. When they redeem it doesnt matter, its the fact that it got repoed that gets reported.

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Im going through the same situation. The credit company called me and said I owed a certain amount in order to get this off my credit. The problem I have is I dont have the pink slip and they think they repossessed my car when acctually I still have it.

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You end up with HORRIBLE credit if you don't pay your bills and you let your possessions get repossessed.

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This would be best answered by a good bankruptcy attorney who knows Arizona law. I believe no matter what you do bankruptcy or not, they will get the car, it does not wipe your credit clean.


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