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Debt Consolidation Advice

Questions & AnswersDebt Consolidation Advice
Mzamo mngadi asked 2 years ago

Can I get my car back if it has been repossessed three months before join DebtSafe?

1 Answers
Matthys Potgieter Staff answered 2 years ago

Hi there,
Thank you for your question.
Not likely. Chances are that the car has been sold on auction already. If it has not been sold yet, chances are also very slim that the bank would return it.
If they repossessed it through a court order, the account cannot be included in debt review. If it has been “repossessed” through a voluntary surrender the car would most likely have been sold long ago.
Do you know if you have a shortfall? Is the account included in your debt review? Please send more details to [email protected] and I’ll be able to provide you with more advice.
Kind regards.