Legal Question in Credit and Debt Law in Texas

voluntary repossession of motorcycle

I have an 07 motorcycle financed through G.E. credit with $16,000 bal. If I surrender this repo voluntarily how bad will it hurt my credit.


Asked on 4/23/08, 8:37 pm

1 Answer from Attorneys
Donald McLeaish McLeaish&Associates;, P.C.

Re: voluntary repossession of motorcycle

Bad...repossessions..voluntary or not ruin your credit...try to sell it..do not turn it back to the lender/dealer//whoever

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Answered on 4/23/08, 10:26 pm


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