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

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โˆ™ 2005-01-11 12:34:04
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What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

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Q: 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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Related questions

If you cannot pay loan on RV should you voluntarily turn the RV in to the lien holderor let the RV be repossessed?

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


How would you describe contract law?

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


Why do you still have to pay and how can your wages be garnished when you voluntarily allowed your car to be repossessed and it was sold for the complete balance owed?

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


If a mechanic has a mechanics lien on your car will this prevent the finance company from repossessing your car or prevent you from voluntarily having car repossessed?

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.


Can your car be repossessed if it was in an accident and nearly totaled?

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


Why would a boat be repossessed?

Boats can be repossessed due to non-payment or maybe the boat does not meet the requirements needed to sail. I would think it would be just like a automobile as far as finance goes.


In Kentucky how many car payments behind do you have to be before your car is repossessed?

Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.


Can a car be repossessed from a car dealership?

if the car dealership does not pay for the car in full or pay their bills then the car would most likely be repossessed


If you are a senior and thinking about having your car voluntarily repossessed and your daughter would then give you her car as a gift will the finance company have any rights to the second car?

No. As Stated They Would Have To Have A Lien On The Gift(Car) They Can Seek Judgement For Balance On Debt. The Car Is Yours They Have No Control Over Any Gifts You Recieve. GOD BLESS


Can you be arrested for not paying your car payments?

maybe but your car would be repossessed


You want your house repossessed?

no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(


Can a car be repossessed if there is no lien holder?

In that case there would be no one with the right of repossession.

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