Car Repossession Options Explored
Summary
If your car is repossessed, you can try negotiating with the lender for a reduced payment or installment plan. Redeeming the car by paying the full amount owed is another option. Filing for bankruptcy might help you keep the car or reduce the debt. Consider seeking assistance from a credit counseling service or a consumer rights organization for additional support and advice.Full Conversation
I'm not sure what the details you need
It sounds like you're dealing with a challenging situation. To assist you better, could you please provide your zip code? This will help in tailoring the advice specific to your location.
Yes I live in *. Loanmart has my loan .
It's a tough situation you're in. Here are some possible steps:
- Negotiate with Loanmart: See if they will agree to a reduced payment or installment plan.
- Redeem the Car: Pay the entire amount owed.
- Bankruptcy: This could potentially allow you to keep the car or reduce the debt.
Would you like to connect with a local lawyer for more specific advice?
No thanks I was hoping there was away I could get it but negotiations didn't sound like they wanted to boyher
Case Rating: *
It sounds like you've explored most of your options. You might also consider seeking assistance from a credit counseling service or a consumer rights organization for additional support and advice. If you have any more questions, feel free to ask!