Q: Is there any way to work out with the lender the payment if I’m surrendering the vehicle ?
I volunteered to have it repossessed and I was told I would be left with the outstanding balance to pay when the vehicle is being repossessed
A: You might want an attorney to work out a compromise, so that no note deficiency is outstanding. The threat of Chapter 7 Bankruptcy might give you leverage. Also you might record and serve a Notice of Exempt Property.
Timothy Denison agrees with this answer
A: Most likely not, although a lawyer might be able to negotiate it out for you.
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