car repossession

car repossessed

My Car Was Repossessed but the Collection Agency Still Wants More Money to Settle the Debt. Help!

Question: I have a question from a reader today who wanted to get some information about an auto that was actually repossessed via voluntary relinquishment. He wrote to me saying, “I’m recently divorced, and my ex decided to voluntarily relinquish a car that was in both of our names just before our divorce was final. …

My Car Was Repossessed but the Collection Agency Still Wants More Money to Settle the Debt. Help! Read More »

how long will a repossession stay on your credit report

How Long Do Repossessions Stay On Your Credit Report?

Q: I have a car that was repossessed about 5 years ago. My credit report states that it will report for another year. Is that true that it will fall off or will it be reported by another company. If so, should I try to settle the debt? How long does a repo stay on …

How Long Do Repossessions Stay On Your Credit Report? Read More »

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