answersLogoWhite

0


Best Answer

The difference in what the car sells for and the balance on the loan, plus repo, and administrative costs. Very, very, bad idea to allow this to happen. Sit down with the lender and work something out. They do not want to repo your car. Voluntary repossession hurts your credit just as much as them initiating the repo. Your credit will suffer for 7 years. Do not allow this to happen, if at all possible,

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you voluntarily offer your car for repo in Colorado How much of the remaining debt can you be liable for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which companies offer snowmobile rentals in Colorado?

Many websites online offer snowmobile rentals in Colorado. Some examples of such websites include "Colorado Snowmobile", "ABC Motorhome", "Colorado Directory", and many more.


What are some schools that offer degrees in dietetics?

You are probably looking for a Bachelor degree in Dietetics and Dietitian. In Colorado, both the University of Northern Colorado and the Colorado State University offer this degree program.


What was the first state to offer women's suffrage?

colorado


What companies offer residental trash pick up, including recycling, in Colorado Springs?

Waste Management is a large residential trash hauling company. The offer service in Colorado Springs, CO.


Does Florida offer reciprocity for Colorado life insurance licenses?

yes


What schools in Colorado offer Pharmacy Tech programs.?

When I did research I did find schools all around Colorado. It appears the best colleges I'm Colorado are in Colorado Springs and Denver, which are both extremely nice towns.


Do local banks in Fort Collins, Colorado offer any money market accounts?

Yes, there are many local banks in Fort Collins, Colorado that offer Money Market accounts. www.cdrates.bankaholic.com/ and www.bankrate.com/cd.aspx will both provide you with current rates on MM accounts in Colorado.


What is mandatory share offer?

A mandatory share offer is a type of offer that a shareholder makes to buy up all remaining shares in a company. When more shares are sold to the public than are left with company officials, a share holder can buy remaining shares to take control of the company.


Are there graduate level financial certification courses in Denver, Colorado?

There are several colleges in Denver, Colorado that offer graduate level financial certification courses. Colorado State University in Denver is one of them. Other online colleges such as Kaplan also offer graduate level financial certification courses.


What is the name of a dermatology pediatrics physician in Denver, Colorado?

Pediatric dermatology physicians in Denver, Colorado can be found at www.superpages.com. There they offer a map of different locations.


What schools in the Colorado Springs area offer classes that help someone become a record producer?

You can take courses at Colorado College for record production. You can also take courses at Colorado Technical University.


Which ski resorts in Colorado offer vacation packages year round?

Orbitz can offer you ski resort vacation packages in the heart of historic downtown Aspen, Colorado all year round at affordable prices that will keep you coming back.