Archive for Voluntary Repossession
Feb
05
How can a voluntary repossession hurt you?
Posted by: | Comments
My husband and I live in a crap, crap, crap, did I mention crap mobile home. Well, now we need to buy a house becuase our place is falling apart and I **** that my son has to grow up in such a POS. Anyway, we still owe on this place but KNOW that no one will pay a penny for this place. So, I’m wondering if my husband agreed to a voluntary repossession and we got the mortgage in my name how bad would that hurt us?
Rent Back Fast
Mar
27
How does a voluntary repossession affect your credit?
Posted by: | Comments
Here is the deal. I have a $535 per month car note. I can afford it, but I would love to get a lower payment so that I can pay some principle down on my home. The new car note would be $237 or less. Thats ~$298, approximately back in my pocket.
Should I take the $535 car back? I don’t know what will happen with my credit but I think another $298 is like an instant raise. So, please tell me, how would the repo affect my credit and provide your opinion on the matter.
Rent Back Fast
Mar
02
I’m selling our dump truck and bobcat right now but business has really been slow. Should I just voluntarily have it repossessed right now rather than pay for it from my personal funds and eventually still lose it later on?
Quick Property Sale
