Voluntary Surrender - Vehicle

iVillage Member
Registered: 07-25-2008
Voluntary Surrender - Vehicle
5
Tue, 10-07-2008 - 2:09pm

Where do I start.


I introducecd myself a while back and I started snowballing my cc's and started a budget.


That was great for a while however my husband has not been making as much as he used to.

Taking it day by day...

iVillage Member
Registered: 11-17-2007
Tue, 10-07-2008 - 3:37pm

My advice and of course you do not have to agree with

iVillage Member
Registered: 07-25-2008
Tue, 10-07-2008 - 5:05pm

Thanks for your advice Mary Ann.


I never thought about using

Taking it day by day...

iVillage Member
Registered: 11-17-2007
Tue, 10-07-2008 - 5:13pm

let the truck make your snowball money


Mary Ann


iVillage Member
Registered: 09-20-2004
Tue, 10-07-2008 - 6:55pm

I don't think voluntary surrender is a good idea..because if you think that you will have a hard time getting what you owe on it, think about what it will get at auction, when the bank doesn't care what it gets sold for, because you will owe the difference!


I would take it to carMax (do you have one of those?) and see what they would give you for it.

iVillage Member
Registered: 10-07-2008
Wed, 10-08-2008 - 10:09pm

You are in a very tough situation.