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Would you be able to go through a debt consolidator to pay off what you owe on a voluntarily repossessed car?

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2005-01-11 12:34:04
2005-01-11 12:34:04

IF the Lender agrees to it, yes. IF it gets the lender money, they will likely agree.

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It would look better on your record (For future loans) if you turned in the RV voluntarily.

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Contracts are entered into voluntarily, but once entered into they may be enforced through the courts.

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personally that's more of a question for a lawyer to handle. if i were you i would speak to a lawyer its your best bet. good luck

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No, what will happen is this: the finance company will pay off the mechanics lien (usually) and tack that on your loan balance, it would be considered a repo fee.

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If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.


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