Voluntary Repossession is on the Rise
Voluntary repossession is on the rise as more and more people are finding themselves unable to keep up with their monthly payments. While voluntary repossession is not as damaging to your credit score as a foreclosure, it can still have a significant impact.
If you are considering voluntary repossession, it is important to understand all of the consequences before making a decision. Once you have voluntarily surrendered your vehicle, you will no longer have any ownership rights and the lender will sell the vehicle to recoup their losses.
If you are struggling to make your monthly payments, there are other options available that may be more beneficial in the long run. You should speak with a financial advisor or counselor to explore all of your options before making a final decision.
The main Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706