K
kaniya1
Guest
What is the name of your state? TN
i have a car that i can no longer afford. i wanted to voluntarily surrender the car, but i owe $8000 on the car. the loan company told me they would sale the car retail and it would only bring roughly $2000 and i would have to pay the rest. my problem is i can't afford to keep the car because my ratio to debt is terrible. i was trying to get from under some obligations. if i voluntarily surrender the car can they sue me for the amount i owe and also can they garnish me?i asked them if they could refinance my loan so my payments would be lower and they say they can't do that either. i don't know that to do.
i have a car that i can no longer afford. i wanted to voluntarily surrender the car, but i owe $8000 on the car. the loan company told me they would sale the car retail and it would only bring roughly $2000 and i would have to pay the rest. my problem is i can't afford to keep the car because my ratio to debt is terrible. i was trying to get from under some obligations. if i voluntarily surrender the car can they sue me for the amount i owe and also can they garnish me?i asked them if they could refinance my loan so my payments would be lower and they say they can't do that either. i don't know that to do.