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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What is the fastest way to get a report of collection and late payments off a credit report?
Can I file Chapter 13 if I have equity on my house for $150k and owe $80k for credit cards?
I am in credit counseling with a DMP. I am having trouble getting an auto loan but have never in my life been late on a payment and have a credit score of 710. What are some options.
I guaranteed a business loan with Suntrust Bank which defaulted. I was held responsible for the repayment of the loan. Due to the large nature of the loan, I drew up a proposal for a monthly payment plan which was accepted by the bank. Actually I speak not with the bank but with their lawyer and I make payments to the lawyer who in turn pays the bank. I recently requested that the bank posts...
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