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    Self Redemption?

    Has anyone tried to do an auto redemption without the attorney assist?

    I would really rather they did it but the fee is $900!

    I asked my attorney if there was any other way or if i could try to do it myself They said of course.. and suggested i contacted the original lender first and then they would also forward me some banks that i could apply for a loan

    ... anyone do this ....

    #2
    Okay, so your attorney says it's okay to do this. I would contact 722 Redemption (US Bank) -- they have a website -- or find another one or two banks that do them in your State.

    It's actually pretty simple. I applied online at 722 Redemption, they called, then I emailed them some required paperwork. Approved.
    Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
    Status: (Auto) Discharged and Closed! 5/10
    Visit My BKForum Blog: justbroke's Blog

    Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

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      #3
      US bank starts at 24% do you know of another that may start lower? or is that the trend for redemption loans?

      I did leave a messege for the original lender .. just to see what they might say...

      341 on monday...

      Comment


        #4
        I don't know any others. The rates aren't going to be pretty. You may have better luck with your Credit Union or maybe even your current lender does redemptions???
        Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
        Status: (Auto) Discharged and Closed! 5/10
        Visit My BKForum Blog: justbroke's Blog

        Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

        Comment


          #5
          working on that very idea.. Thanks

          Comment

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