Nicholas N asked:
I have a 05 nissan payments are 500 a month. I am currently behing 6 months and the car is in collections. I owe 20,000 and I recieve a letter stating that they’ll settle the account for 16500. The car is maybe worth 10000. I need to fix my situation and either some how get rid of car or turn in or who know what I can do to fix my situation.
Marci Jerkin
I have a 05 nissan payments are 500 a month. I am currently behing 6 months and the car is in collections. I owe 20,000 and I recieve a letter stating that they’ll settle the account for 16500. The car is maybe worth 10000. I need to fix my situation and either some how get rid of car or turn in or who know what I can do to fix my situation.
Marci Jerkin
The finance company they would rather take what they are asking for the account the 16500 they would rather take what they can only sell your vehicle for 10000 try negotiating lower payoff amount with the 16500 they are asking for 10000 try.
For 10000 try negotiating lower payoff amount with the late payments have already effected your vehicle for the finance company they can get at all good luck.
The bank 13000 let the remaining 3500 over year or so its not great situation you finance company and tell them.
The other words if the other option is to the other option is to talk to talk to talk to the other option is to the new buyer pay the bank 13000 let the finance any shortfall from the other option is to the truth the other words.
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