If I default on my loan, besides affecting my credit and repossessing the car, what can the lender legally do? I know that if they sell the car, they will get enough to pay it off, can they take other measures to get the rest from me?
I have a judgment against my property from 2004. In the original paper work the only exemptions that I claimed was the property. I did not claim any personal property. They have now served me with copies of the right to personal exemptions. which I did not fill out in the original paperwork back in 2004. I have made payments to a law office in Raleigh, NC. Is this legal for them to do, and h...
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Do you know how many points/percent your credit is affected if you have to voluntarily give up your car? Each credit agency has different scoring gauges, so how is someone supposed to know the real impact? Would the final result be reflected in the FICO score? and if so, do you know how badly if would affect my credit?
Hi Bill, I suffered an injury in 2001 that left me permanently disabled. my car was repoed in 2002. now i find out that the lending institution has filed suit 6 years since i let the car go back, and in another state (Georgia, I live in Florida now) what are my options?
I am in a debt negotiation plan for the past 3 to 4 months. They have not really made any progress in this matter. Do I need to get out of this plan?
What is the meaning of a voluntary repossession? Also, which affects your credit report more; a voluntary repo or a regular repo? And, is voluntary repossession only for autos or are there home voluntary repossessions too?
I had a business that failed around 2001. It was a construction co. I had a bond on a project and the surety co ended up with attorneys fees. I personally guaranteed the bond. The surety turned the attorneys fees over for collection. The collection company has decided to enter a tradeline on my personal credit report. They are also reaging the account and reporting the history inaccurately. ...
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