Voluntary repossession is when someone returns their car to the lender because they can no longer meet the payment obligations on the loan agreement. Read more.
To understand lender policies and repossession laws, this article discusses the details about repossession and what you can do if you miss a car loan payment. Read more.
A paid-in-full letter shows creditors and collectors proof that you’re making your final debt payment and asks for confirmation from them of this fact. Read more.