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Book Value: $9,975
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Should I let my car be repossessed?
10th July 2011
I have car loan with UAC/Car Hop (worst decision ever)! I am having trouble making the payments and it is becoming clear that I need to let this car go back. My credit isn’t great to begin with (hence the need to go to car hop/uac).
I have tried working with the bank and they aren’t willing to do anything.
I just need advice.
I am thinking about bankruptcy after this to clear it all out and start over. I know my credit is screwed for 7 years but it will be with a repo anyway.
HELP!! CAR GETTING REPOSSESSED by the bank?
8th July 2011
Hey everyone, Because of some issues and fights with my bank, my 2005 altima is being taken back by the bank. But the thing is I messed it up. The engine or transmission, is about to blow. It has severe issues with the engine really bad it might need a new engine. Either way what will and or can the bank do to me? I dont have the money to get a new engine or anything so what could happen? And what if I just declare bankruptcy then could they do something? Im pretty worried seeing its gone happen sometime this week? Anyone know? or know somebody that would know about this?
Was told 90% it needs a engine, the pistones are misfiring
ps: i live in canada