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What happens after court proceedings have been filed in Florida if you have little or no income and had the vehicle voluntarily repossessed?
Wiki User
∙ 19y ago
You NEED to show up with proof of your little to no income. This is your chance to convince the lender that the chances of repayment are slim to none. If you dont show, they get a default judgement.
Wiki User
∙ 19y ago
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What happens if your mobile home is repossessed voluntarily?
You may still end up owing a lot of money on it ,and you won't have it ! State laws vary on this - better to negotiate a settlement of some kind.
What happens if a car was to be repossessed and it didn't happen?
You are lucky. If you cannot make the payments contact the lender and try and work something out. If not voluntarily turn the car in yourself. You will save yourself the repossession fees.
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
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
What happens in Texas if you voluntarily have your car repossessed and money is still owed after the car has been sold at an auction?
Chris, I dont know the answer to the question YET. I will find out today. Email me latyer on and Ill have it for you. What does the lender "say" they will do???
What happens if a police officer's house is repossessed?
then theyre out of a home
What happens to title loan cars when they are repossessed?
They are sent to an auction and sold.
What happens when a car is repossessed and you are the cosigner?
You will also be liable for any deficiency balance
What happens to your credit after a car is repossessed?
Normally your credit is ruined for 7 years.
What happens if your repossessed house is sold for less than what is owed?
You owe the difference I think.
What happens if they can't find the motorcycle to be repossessed?
Edit: They should replace it. Original: you win.
What happens when a car is voluntarily repossessed?
You do not want your car repossessed for any reason! it will ruin your credit, you will still have to pay for it once it sells for less than what you owe at auction, and eventually a repossession catches up to you! What you can do to save your car is contact *CAR HELP USA* tHIS company will lower car payments, lower interest rates, get you current with your auto loan, stop repossession, refinance, and save your car! You will need to act quickly as a volunrarily repossession does not answer ANYTHING!
