I have a 2008 HONDA Ridgeline truck. I've been dodging the repo man for almost 19 months, Ive not made a payment in as many months. I just got my job back a week ago after winning in arbitration. I won a small settlement, but more importantly I've been given my job back with no loss in my seniority. I know I can't dodge the repo guy much longer.
I'm $88,000 in debt according to my credit report (I was out of work for 2 years while I fought for my job back).......
What do I do?..........has my vehicle already been written off by HONDA as bad debt?.....or would they rather have me start to make payments again? What I don't want to do is start making payments, and still get the vehicle taken away. I didn't get enough money in my settlement to pay off the vehicle, nor do I get enough money anytime soon to make a huge payment.
Bottom line is, once my vehicle is gone, until I clear up all my debt, there is no way in hell I can get a loan for a car, and lets face it I need a car........Im really lost as to what I should do!
I'm $88,000 in debt according to my credit report (I was out of work for 2 years while I fought for my job back).......
What do I do?..........has my vehicle already been written off by HONDA as bad debt?.....or would they rather have me start to make payments again? What I don't want to do is start making payments, and still get the vehicle taken away. I didn't get enough money in my settlement to pay off the vehicle, nor do I get enough money anytime soon to make a huge payment.
Bottom line is, once my vehicle is gone, until I clear up all my debt, there is no way in hell I can get a loan for a car, and lets face it I need a car........Im really lost as to what I should do!