My car is going to be repossessed tonight, I’ve voluntarily given it up. The man I spoke with said that by California law I have 15 days to reinstate my loan. Can anyone tell me the details of this procedure? What kind of fees am I looking at and is it worth it? It’s a 2002 Civic and I still have a little over 10,000 to pay. Thanks in advance for your advice and please don’t tell me what I should have done, my situation was horrible for a period of time and now it’s better. Obviously I’m already in this situation I just need advice on what to do from this point. Thanks again.
If I decide to reinstate and pay all of the back fees, what are my chances of turning around and trading it in for a new car?
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