The author purchased a Range Rover a few months ago but has had trouble with it. They are considering voluntarily repossessing the vehicle by calling the bank to take it back since they no longer want to pay for it. They owe $18k on the vehicle but if it's sold for $13k, they would still owe the $5k difference to the bank. The author wants to know if filing for bankruptcy would make that $5k debt go away.

1. Voluntary repossession?
i purchased a 2003 ranger rover few months ago and i had nothing but trouble wit
th it, im think of calling the bank and telling them take it im not paying anymo
re. lets say i own 18k they sell it for 13k, 5k difference do i still own the 5k
to them,,, if so after filing bankruptcy does that go away. or what please help
SOLUTION
Find the best solutions and providers for you at: