Repossession and wanting to settle

[courtcourt93]

Hi I am new to the forum I had a repossession in 2023. I am wanting to look into reaching out the company(bridge crest) to settle. If I reach out the company is there a chance they might allow me to settle the 11k deficiency balance in monthly payments? They haven't reached out in regards to the balance so it's makes me kinda hesitant to initiate any communication.Any advice would be helpful!

[pizzadude]

Not sure if you ended up talking with them but I'd think they'd be willing to take your money in either lump sum or installments if you're willing to pay.  

This assumes they still own the debt and haven't sold it off for collection to a third party. 

[indiolatino61]

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@courtcourt93 wrote:

Hi I am new to the forum I had a repossession in 2023. I am wanting to look into reaching out the company(bridge crest) to settle. If I reach out the company is there a chance they might allow me to settle the 11k deficiency balance in monthly payments? They haven't reached out in regards to the balance so it's makes me kinda hesitant to initiate any communication.Any advice would be helpful!

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