Legal Question in Credit and Debt Law in Georgia

There is no worse move you can do that let a car go back. The bad deal gets worse. It will usually be auctioned for very little, and you will owe the balance, plus repo fees, plus storage fees, plus costs of the auction, plus attorneys fees, plus interest. Many times you will actually owe more than you owe now. Worse off, you won't have the car and you will have a major black mark on youyr credit for 7 years.

The only way out at that point becomes bankruptcy, if you are eligible.

Damage to your credit report for years to come, and trouble buying a car, getting any kind of credit, or even renting an apartment, for many years. Problems getting a job from employers who check credit reports and think you are irresponsible. Possibly a judgment, leading to garnishment of wages and bank accounts for years to come.