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Yor best bet is to try and ask for a settlement, but they may not offer one, as you may know by now a voluntary repossession will show up on your credit the same way a involuntary repossession will. you are required to pay the remainder of the balance. sorry but that's in your contract. you can also try to look at the fair debit collection act, and the uniformed commercial code to see if they are violating any statues involed in trying to collect a debit , if they are i would say to get it on tape and call a lawyer. I cover other topics about the repossession industry and banks breaking the law to collect a debit at www.stoptheREPOman.com

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Q: What is the legality of having to pay for a car that was voluntarily turned over a yr ago and being harassed about the amount due?
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