Repossession
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What is the difference between voluntary repossession and regular repossession and the pros and cons with it?

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April 06, 2008 3:25PM

Neither are good. Call the lender and work something out. a repo is a repo by any standard ,they will sell the unit and go after you for the deficiency no matter what.it will be on your credit as a repo. You will not have to pay the towing and fees associated with the repo. That is the only difference.