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First you drop the car off at the dealership.Then CALL the lender and let them know where,when and how it got there. The Lender will have it taken to an auction and sold. next the lender will call you and tell you how much money you owe on the loan.They will want you to pay it ALL at once. If you are like most folks, you wont be able to pay it. At that point, the lender will likely get a JUDGRMENT for the amount you owe and pursue other legal options.

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โˆ™ 2004-12-18 20:37:28
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What is forfeiture

Which of these is the best description of delinquency

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Q: What will happen to you if you voluntarily returned your vehile to the dealership?
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