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You need to have him sign over the car to you and pay the note. Regardless, you have to pay the note.

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16y ago
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Q: What can you do to save your credit as a cosigner for your son durning a car repossession?
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How do you rent an apartment with bad credit and no cosigner?

You are at the mercy of potential landlords and your own bad credit history. There is no magic trick available. You may need to wait and save up a substantial security deposit and try to build up a better credit history.


What happens when a car is voluntarily repossessed?

You do not want your car repossessed for any reason! it will ruin your credit, you will still have to pay for it once it sells for less than what you owe at auction, and eventually a repossession catches up to you! What you can do to save your car is contact *CAR HELP USA* tHIS company will lower car payments, lower interest rates, get you current with your auto loan, stop repossession, refinance, and save your car! You will need to act quickly as a volunrarily repossession does not answer ANYTHING!


Is it better to do a voluntary repossession?

It will save you some money BUT you will still have a repo on your CR.


In Georgia should you do a voluntary repossession or just repossession?

The second to last sentence should read - Never will a voluntary repossession cost you MORE than a forced repossession. A repo is a repo. Voluntary Repos will, in most cases, save you money due to the cut in fees associated with the repossession. In some cases these fees will not be any less and the cost of a voluntary repo and the cost of a forced repo are the same. Never will a voluntary repossession cost you less than a forced repossession. Either way, voluntary repossession is the decision I would make, due to the possibility of a lesser cost.


Where can you buy furniture on credit without a credit check?

save up


What does Florida law allow for collection of monies owed on a car repossession?

this question can form a wide range of answers it depends on if you are willing to pay on the repo car how ever the most they can do is put it on your credit and it can stay on there for 7 years it will show on your credit report as repo ..a large number of people never pay off a repo car even if you do pay on it to try and save your credit the fact still remain it was repo and it will show repo settlement


How do households 'dis-save'?

Households 'dis-save' by borrowing from the future in the form of credit.


How is a credit union different from a savings and loan association?

You cannot save money in a credit union


Do you have to bring your car back to the dealer for repossession or do they pick it up?

You DO NOT have to take it back, but it will save you some money if you do. They will come pick it up if you tell them to.


Does credit save to a sim or phone?

It 's saved to the sim


How long do you save credit card bills?

five years


Can you return a new car to the dealer because you cannot afford it?

No, you cannot just return it to the dealer. The dealer has nothing to do with this unless the dealer is also the lender. You must return it to the entity who loaned you the money to buy the car in the first place. It is their car until you pay for it. This is called a voluntary repossession. You will be required to pay the deficiency. That is the difference in what you owe on the vehicle and what they sell it for at auction or private sale. Your credit will also be ruined for 7 years. You will save repossession fees by turning it in voluntarily.