Re: Can you voluntary have the bank reposess your car?

Posted by Barry E. on October 17, 2000 at 15:32:47:

In Reply to: Can you voluntary have the bank reposess your car? posted by Lisa on October 17, 2000 at 15:31:35:

Yup, take the tag off it...drive it to the lender
and hand them the keys, telling them you no longer
want the vehicle and dont intend to make another
payment....thats the easy part...their going to
sue you and thats where your problems begin....
they might take the vehicle to an auction...sell
it for next to nothing and your going to have to
pay the difference of what they sold it for at
auction and what you owed them when you turned it in...

: Can you have the bank reposess your car, voluntarily,
: because you can no longer pay the payments?

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