If you are giving up your own car for repo then you tell who you financed the car with you want a voluntary repossession. It still looks bad on your credit, but not as bad as a regular repo does
A repossession on your credit is NOT GOOD. Avoid it if there's anyway possible. You say the car is SOLELY in your name?? GO GET IT and sell it.
Only if they want to be charged with kidnapping. NO.
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
How do you write a car repossession letter?
Pay it off, voluntary repossession, sell the car and pay it off.
I want to say No I havn't ever heard of this being done. Different states have different laws regarding repossession.
is concealing a car from repossession a felony in georgia?
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
You can avoid repossession of your car by keeping tab of your car payments, discuss your situation with the creditor instead of ignoring them. Other things you might want to consider would be to sell the car to at least pay off some of what you owe, or file for bankruptcy.
The repossession process of a car usually takes about 6 months
call the finance company and tell them that you want to do a voluntary repossession and they will take it from there.
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.