Wednesday, August 20, 2014

Just got a mortgage and cannot afford my car now will this put a lien on my house?

My grandmother just passed away and we refinanced the home in both mine and my husbands name. Now we cannot afford our car payment and we tried selling it but are 8000 over of what all of our offers are. Our only real choice is to voluntary surrender the vehicle as we don't want an actual repo to happen. Will the bank in this case put a lien on our home or anything else in this case or is our home not effected in this matter

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