Vol Repo

We are looking to do a Vol Repo. I've read that you can write to them but also go into the bank and return your keys that way.

I thought it would be easier to go into a branch.

If we go into branch I assume I will need them to sign something to
confirm they've recieved the keys, what info do I need to make sure I get from them and also will they need our new adress, was hoping I didn't have to give it out.

Comments

  • skylight
    skylight Posts: 10,716 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Home Insurance Hacker!
    Are you planning on bankruptcy too??

    Never, ever sign anything to do with a repossession. You could unwittingly end up signing a declaration you are liable for shortfalls regardless of circumstance and this makes messy any BR plans.

    Have you spoken to CCCS or Payplan? Their numbers are at the top of the DFW board and its essential you speak to someone before you act.
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    skylight wrote: »
    Are you planning on bankruptcy too??

    Izabel is already BR I think.

    The advice about not signing anything that states you are liable for a shortfall/fees is good, as we know. :)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 619.9K Mortgages, Homes & Bills
  • 176.5K Life & Family
  • 256K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.