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What do you do when you have low income and have already voluntarily lost a car?
Wiki User
∙ 19y ago
NO, NO, NO. America did away with debtors prisons in the early 60's. LOL. Your credit will be terrible, you will pay higher interest rates for whatever credit you do get. They may even garnish 25% of that paycheck you live from and to. But you will live. Don't give up.
Wiki User
∙ 19y ago
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What can a finance company do if you voluntarily give them their car back?
They can keep the money you already paid.
Can you get a car with an open car loan already.?
Depends upon your debit, to income ratio, but, yes. It is possible.
Can you get a car with an open car loan already?
Depends upon your debit, to income ratio, but, yes. It is possible.
If you got sued and lost can they take your car that is not paid for?
No because you are going to make a payment for that car already!
What happens to your credit if you voluntarily have your?
what happens if i voluntarily return my car to the bank due to job loss
Will it hurt if you voluntarily return my car?
Yes, it can still hurt your credit if you voluntarily return a car. The car company will still put the debt you owe on your credit report if they choose too.
Can you take off an exboyfriend name off your car title its your car and you paid all the notes yourself?
No. He must voluntarily sign the title over to you.No. He must voluntarily sign the title over to you.No. He must voluntarily sign the title over to you.No. He must voluntarily sign the title over to you.
Do you pay taxes on money won in a neglagence suit?
It depends on what the award is titiled as.Generally, if it is to replace something you lost (say a car), then no (at least to the degree you didn't already take the loss for taxes). If it is to replace income that would have been taxable, or as punishment to the other, then yes.
our delivery vehicle was a total loss after a commercial vehicle driver hit our car while parked. we had lost income and expenses ?
You will file a claim through your insurance for the loss of the vehicle as well as lost income, etc. You must be able to prove the lost income and related expenses. Your insurance company will take care of the claim so that you can get back to business, then it will file against the insurance carrier of the at-fault driver.
Will credit be affected by a co-signer of a car being voluntarily repo?
It shouldn't.
If you have a car voluntarily repossessed can you get another car?
YES, usually you pay MORE down payment and/or higher interest rates.
Who do you call when a car is up for repo?
If you want to voluntarily surrender your car, you can call the finance company and ask for instructions on how to proceed.
