top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Repo Question

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Repo Question

    I kept my payments up after my CH7 was discharged; auto was not reaffirmed. On my credit report it states included in BK. If I decide to voluntarily hand over the car now, will it change my report status to repo? I'm upside down in my loan so it would help if I could just turn it over and not worry tacking on a couple extra grand if I trade it in...but, if the credit statements are going to change to repo, I'd rather take the hit in my pocketbook than my credit report. Any opinions?

    FYI, the car was great to "aide" me to get into CH7 versus CH13 (it was a $575 payment...ouch!!!) Without the payment, I would have been CH13 for sure. Now its time to get back to reality, get a decent running car with $100-$200 payment and establish some good credit.

    #2
    i gave mine back after chp 7 bk and the entry never changed on my report.
    Chapter 7 Pro Se....Discharged Feb. 2006

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X