I simply cant afford my car payment right now, I'm trying to avoid my car being repo'd so im staying current with the payments. What can I do to get rid of the car? Can I just call my finance company and ask them to come get the car?
Family Law Attorney
A voluntary return (which is taking the car back without it being repoed) is just as bad as a repo. The finance company is still going to come after you for any deficiency you may have, after they sell the vehicle for 1/3 of what the car is actually worth. Your best bet is to try to sell it yourself, or file bankruptcy.