Repo Questions!
Newbie
Joined: May 2003
Posts: 70
Likes: 0
From: tampa
worst case senario his finance company doesnt find the car and they will just charge it off (which goes on your credit )and pursue legal action. like metaphysical said that will include garnishment of wages and also if the state allows it, place liens against property he currently owns (which i doubt judging from the notion that started this post) or will in the future own. and as soon as he tried to register it somewhere else the repo man will come knocking. i work for an auto finance company. we normally dont repo cars untl 90 days past due so there are things that can be worked out if there hasn't been a payment made in ~70 days or even more.
Newbie
Joined: Nov 2004
Posts: 36
Likes: 0
From: NoVA
Originally Posted by dcorn
What does he owe? I'll buy it for what he owes if its not to much 
Then he can pay it off, keep his credit and not have to worry about the car
Then he can pay it off, keep his credit and not have to worry about the car
why not just **** the repo, just sell the car, right now is a good time to sell an evo... price is good... or if you can somehow arrange a ****in' accident... but that's ****in' shady up the ***.
Evolving Member
Joined: Mar 2004
Posts: 220
Likes: 0
Originally Posted by RalliArtEvoVIII
it seems like he knows what credit is, i mean the financing a house and all taht, doesnt seem to matter much seeing he lives wit his friends n such. He says hes not worried. I showed him the posts...he just wants to know basically if he can keep the car, all things aside, hes planning to move about 400miles away from his home wit a friend of his. And besides, he has connections with registration and all that DMV crap
my bad...i misread it. seriously, call the finance company. they are always willing to work with you if you're willing to work with them. i went thru the same crap when i got laid off and went 120+ without making a payment, but i called every month and they were very lenient about it
Last edited by kataklyzm; Nov 30, 2004 at 08:37 PM.
Originally Posted by ap-evo83
if he returns the car, will that be on his permanent credit report? how many points will that affect his FICA score?
this guy is ****ed, at least for 2 years
Newbie
Joined: Nov 2004
Posts: 4
Likes: 0
From: Johnstown, Ohio
Originally Posted by dohcvtec
i say keep it and try to run away. that way he can go to jail and there is one less jackass in the world for us to worry about.