Don't worry if you can't pay the whole amount.When you bought the car you couldn'tpay the whole amount that's why you got a loan.First thing you want to do is make sure the lenders defiency amount is correct sodemand in WRITING that they send you copies of original receipts for all expensesthey hit you with and calculate the loan numbers yourself, if see something that looks fishy call it out even what the car sold for.Conduct all corespondence with lender or their agents in writing!!!!!!!!!!!!! Andread everything they send very very carefully.They will lie,cheat whatever it takes to get your money.
The only leverage you have is the threat of bankruptcy so use that to your advantage.Just be aware that in oct.2005 a new bankruptcy law goes into effectwhich makes it more difficult to wipe out your debts.
The lender will probably make an offer to settle the debt for less than the fullamount but only if pay it all at once.They may offer to let you make payments butthe final amount will be even more than the $32,000.Again get everything in writing and read it before you sign anything.
AnswerThe problem is, I already filed Bankruptcy 2 years ago. I really appreciate the response. I guess I have a tough choice to make, try and catch with my payments or volunterily turn it in AnswerSlow down here, If you still have the car you should try and sell it ASAP.you will get more(maybe much more) for it than if you have repoed(it makes no difference if you voluntary give it back or if the bank repos it, maybe $200.00bucks but they still report it on your credit as a repo) and the bank auctions it.The bank doesn't care what they get at auction because you get to pay the difference.Look up the Blue Book Value(goto Google) of your car as a starting point to find out what it is worth.Contact the lender to see if you can roll your past due payments into the end of the loan that can help buy you some more time.The bank has title to the car so they will have to approve the sale assumingyou find a buyer but you will get a much better price than a bank auction.Keep your chin up we've all been there.32000
32000 = 7D00
halfway between 32000 and 33000 = 32500average = (33000 - 32000)/2= 1000/2= 500thus, halfway between 32000 and 33000 = 32000 + 500 = 32500(32000 + 33000) ÷ 2 = 32500
There are 32000 ounces in one ton. Therefore, 32000 ounces is equal to 32000/32000 = 1 ton.
32000/1
20% of $32,000.00 = 20% * 32000 = 0.2 * 32000 = $6,400.00
32000
32000
8.5% of 32000 = 2720
32000 + 7654 = 39654
1/10*32000 dollars = 3200 dollars.1/10*32000 dollars = 3200 dollars.1/10*32000 dollars = 3200 dollars.1/10*32000 dollars = 3200 dollars.
2/3 of 32000 = 21333.33...