by Alex Dram
Question by Due May 17, 2009!: What would happen if I let my car get repossessed?
The loan was for $ 22K. I still OWE $ 18K. The car is worth $ 9K
I just had a baby and the car seat won't fit. I have bad credit so I can't trade it in. Even if I could, I can't afford a new car plus $ 9,000 on top of the loan that I would owe minus the trade in value.
Can I just give the car back and have my husband finance a car in his name with his good credit?
What are my options, if
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