2007-02-12 10:19:30 · 6 answers · asked by Marta Medina 1 in Cars & Transportation ➔ Insurance & Registration
sYes, you can make arrangement to pay off the $9,300 you owe. $387.50 a month for 2 years would do it.
2007-02-12 10:23:07 · answer #1 · answered by oklatom 7 · 0⤊ 0⤋
You are responsible for the balance owed on your vehicle. When it is sold at auction, the money will be applied to your balance,after that you have to pay it off. Keep in mind also, even though you did a voluntary repo, the creditors look at it as a repo, plain and simple, so your credit rating will suffer badly until this loan is taken care of.
2007-02-12 11:31:32 · answer #2 · answered by fisherwoman 6 · 0⤊ 0⤋
well honestly you should've kept the car if you had to pay the loan off cause the only 2 ways to settle is to either pay it off or bankruptcy, and the second choice I wouldn't do unless if you are in serious debt and have no other alternative. And for the record if it's sold at the auction you have been ripped cause they have probably sold it way cheaper than what it is worth, so you will still owe a lot. Good luck in the future.
2007-02-12 12:20:41 · answer #3 · answered by eightballe 2 · 0⤊ 0⤋
Hahahahahahaha!
2007-02-12 14:04:44 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Go get two jobs and work out a payment plan with them. If you try bankruptcy the court will force you to liquidate your assets and you credit will be trashed for seven years (though it sounds like that may be a good thing for you). See www.daveramsey.com
2007-02-12 16:22:13 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Bankruptcy.
The can loan people want their blood...I mean money and BK is the only way to stop them.
2007-02-12 10:23:35 · answer #6 · answered by Anonymous · 0⤊ 0⤋