What if I don't pay for my repossessed car? related questions

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Help!Anybody get their car repossessed?What happened to your credit? Should i let my car get repossessed?3Albert Minner2012-08-17 20:09:03
I paid $ 49,612 in a Mitsubishi Montero Limited (which still needs $ 22,000 cause blah blah blah do not pay ahead of time) So my engine broken in the middle of the road - My mechanic says I need an engine, and perhaps also a transmission .. (UGGHHHH) will cost $ 8900 to fix! But maybe only have one engine (which maybe only $ 3500)? ? ! I live outside the city limits, so driving a total of 80 miles per day just to send my child to and from school (private school). I also need a vehicle for you to pay for life ... A bus is not an option for me is that it would take about 8 hours total to get to school and back. Thank God I only work weekends, but the issue of bus the same 8 hours in total - I work 16 hours a day Friday and Saturday only bus so it physically impossible ... Im totally dumb founded .. I have no idea, meanwhile, my son has to miss school today cause no transport .... I worry about the future .. Because if I get a repo on my record, I feel like I will not be able to get a house or an apartment, even if I ever need (unstable marriage) .. Above all what happens if my child ever need help in a school loan I want to be able to help. Should I risk my credit card I've worked so hard to be fixed. PS while I was in college I got my car repo'd, but I was able to recover and pay the next day (was only $ 2000 to pay). I really apppreciate any help from any other people may have gone through this before .. What happened to your credit card? What should I do. My family and friends say they get repo'd, causing his death. And just to buy a new car cheap (about $ 15,000) .. I say the new car, and pay the $ 22,000 and I pay off about $ 950 per month for the new car, the truck, that the dead no longer exists? I'll have to make these payments for about 3 years .. After his more between me and the truck. I'm confused, if anyone out there can help me, really appreciate it.
I keep getting turned down for payday advance loans? it says i dont meet the criteria? they dont do credit che0flip2012-11-02 12:45:06
ecks so im wondering why i keep gettin turned down?
I need a loan for college but i dont have a cosigner and can t get one. at this point i dont car about interes0Franky2012-08-09 08:09:02
I need a college loan bad! if you get money for college as soon as possible and I will not be going back this fall, and that breaks my heart , literally. My parents do not have good enough credit to co -signer of an application and I have no credit at all . Are there loan companies out there that will give me money for college even though my credit status and the fact that I have no guarantee .. At this point, I really did not matter how high the interest rate is the time I get the money for school. Is there a company that lends money based on what your future will work or anything like that . God, please somone good news for me.
What else can I do if I dont want to go bankrupt and I dont quality for a consolidation loan?0Katerina2012-09-27 08:14:05
I have about $ 18,000 left on a car loan from the bank at 3.25 % , $ 12,000 in student loans left and at 8.75 % . Its top is not enough to go broke and did not quality for a consolidation loan ... What else I can do to help pay it off faster and easier?
Small claims court if you dont pay because you dont have it?0math student2012-10-09 21:31:36
my first question is how I can avoid going to small claims as ignoring notification in writing by mail or returned to the sender so that the case falls ? MedlinePlus MedlinePlus Secondly I can still be charged if I can help it keep before I move out of state Still I can load my uncle sued for an airline ticket bought and would not pay because I could not go and I told him that when he bought it im not sure if I was able to go , but I wanted to save money immediately . So im refusing to pay for it because he used my information to get the ticket online i ddidn't agree on anything all he said is that the entries in my name . MedlinePlus MedlinePlus my other question if I go to court and lost for some reason I have no money to pay for it I'm a broke college student loans and barley works so you can maintain a high GPA . MedlinePlus MedlinePlus So if I can not pay granted to state this and end up leaving my practice when I can still purese me to get money and do not have to take me as notifie before the money from my bank . MedlinePlus MedlinePlus But if it happens before leaving the state and I have the money to pay puresue how can I expect to see police in my house ? MedlinePlus Or just send an email to keep things . MedlinePlus But like I said I have much to be granish my wages or take money from my bank do not have to talk to me before talking about this action . MedlinePlus MedlinePlus any advince you can give me would be a great help thanks if it was decided to submit this after I have left for my intern send out of state and can not reach me cant this fall?
Should I let my car be repossessed?3jess.2012-10-08 20:02:02
I have car loan with UAC / Car Hop ( worst decision ever! ) I'm having trouble making payments and it is becoming clear that I have to leave the car back. My credit is not great to begin with (hence the need to go to jump car / UAC). I tried to work with the bank and are not willing to do anything. I just need advice. I'm thinking about bankruptcy after it tries to erase everything and start over. I know my credit is screwed for 7 years, but it will be with a repo anyway.
Car repossessed -- should I let it go or..?0when it rains2012-10-14 17:11:35
In April, I moved to another state to get home to my parents because of financial difficulties, and have since been unable to find another job. Louisiana, the new state I live now, not even let me have unemployment because of an "error code" that is way over my head. MedlinePlus MedlinePlus Anyway, this morning my car was recovered. This is a serious setback loan: the value of it is probably no more than $ 2,000 while I owe him something like 9.000 to 11.000. I do not understand the laws of foreclosure or bankruptcy, or even whether bankruptcy should be an option. MedlinePlus MedlinePlus I owe about $ 3,900 in other unsecured debts (payment, credit cards, deficits due to schools, etc.), in addition to the debts of mystery that I might have forgotten. I owe about 15k in student loans, which I believe can not run out of business and are the main source of my problems. I do not think this is a reasonable amount of money to apply for bankruptcy, but I'm not sure what other options you may have. MedlinePlus MedlinePlus Should I try to negotiate with the creditor of the car to perhaps have returned? (I have no job - but I have 40 miles away from civilization, without a car, I'll never be able to get the job.) MedlinePlus MedlinePlus Should I give the car completely and let the bank sell it? You still owe the money left on the loan balance? MedlinePlus MedlinePlus My long term goals are to try to go back to school to get a degree after getting a secure job, but destroyed my credit, I'm not sure how best to fix it from this point forward. Any advice would be appreciated. ((And although I know that someone will come here and say I'm a lazy, blah blah blah, I have applied to over 400 jobs since I've been here and had only failed, expensive interviews - proof that doing that just $ 8 to his name. know I work hard, so do not waste your time or mine.))
Should I have my car repossessed?1Alder2012-10-09 20:25:03
We are struggling financially . With no mortgage , car note , car insurance (two cars ) the credit card debt , student loan payments and monthly utilities (electricity , water ) , to mention a telephone bill , etc etc my husband and I are falling deeper and deeper into the hole each month . We have three children and we have to keep in mind that we need money after all the bills are paid to feed our family . We keep bouncing checks just to make monthly therefore spending money before we have it and putting us increasingly in the hole . My husband and I talked about what we should do . Let's cut spending and get rid of extras .... We also have a truck that is paid . We are still indebted to the car and we need somewhere around 10k yet. If we were to come and pick up the car , our family would save 500/month . We just need a car anyway. Should we go ahead and do this ? Never had to do something as drastic as this before. What are some of the things that are going to participate ? I know it will make the credit for 7-10 years. In addition , we consoladated our credit card bills and pay one payment a month. When the car was auctioned and the remaining balance was extended to us, we intend to turn consoladating with other debts . Please anyone has any advice or any other approach to this difficult situation?
What if I don't pay for my repossessed car?1MTTT*2012-10-14 08:47:03
I'll get my credit report , and feel very overwhelmed . I lost my car (rather was repossessed ) after losing my job and raise unemployment , which is much less that can barely afford food every month , so forget about a car payment . And frankly , I just want to know what happens if you do not pay these debts ? I have many debts , but for a college student 21 years of age , I am more or less in front of the firing squad right now financial . 5K in the car , student loans 2K (which need not be paid until I graduate ) , 1.5K in a Capital One card . Those are my concerns . MedlinePlus So the question : what if I never just paid ? Is it possible to rebuild my credit without having to pay again ? Do not reboots every 7 years or so ? MedlinePlus Thank you.
Ever have a vehicle repossessed?0Blade2012-08-17 03:57:03
Very good. So I feel like a big loser. I have 30 years old, college graduate , and have always been middle class , normal , average American worker . My husband had a great job in the automobile business for years, then recently I was sick and went into the hospital 4 times in 2 months and lost his job. We had a baby (which is a blessing - just bad financial times , but we knew we'd be in this situation when I was pregnant ) just after he lost his job . Now he's back to work, but not making near the money than before. To make a long story short - the bills are late, we are trying to work with all our creditors to make payments even small - but even after working with the bank loan in our truck , which still has detached from yesterday. I feel so ashamed and like a loser. I have every intention of paying what we owe to our creditors , who simply have no income before. I guess I 'm wondering if this sort of thing is happening to someone else out there . I feel so bad and depressed , I'm so ashamed. I do not really care about the truck itself , I really am not in material things and we have no other vehicle was worth , I think it's my pride is hurt the most. Please , no sarcastic answers or hate , I'm not sure I can handle that today.
Need advise on repossessed car?1Sanyourah El-hulu2012-09-20 00:08:03
My mom also signed by a car we bought . I defaulted on payment. Changed jobs and had to change my billing due date and that's when it all started. I had to pay late fees , and just intensified . The bank ended up taking the car . I was reading some articles about auto liens and learned as much as towing fees , storage fees and loans I have to pay defiency . My mother still does not know the car is gone, I have so afraid to tell her. I'm sure I owe money on the car when he sold it to the auction . I only pay the difference , but do you know if they accept payment arrangements ? I'm thinking about filing bankruptcy , how will this affect the car loan and credit what about my mom ? Will the bank put a lien on their property ? Please advise. Thank you.
What happens when you voluntarily allow your car to be repossessed?1kaye2012-10-26 17:20:47
I bought it from a company that targets people with bad credit . Do you think the insurance available leinholder my loan ? Can they garnish my wages ? The car is a lot of tin.

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