I let someone assume the loan...

Posted by Crystal on October 23, 2002 at 23:42:57:

I let s couple assume our current loan on our mobile home, which was good, because it got us into a house, but one problem is the first payment they made they gave them a bad check and now trying to get a hold of them. The next payment is due in two days, and they still have notpaid for ther last one. I talk to them awhile ago and they said they would pay both tomorrow, question is. Can I do a volentary repossion and not hurt my credit so bad or what?

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Comments:: I let s couple assume our current loan on our mobile home, which was good, because it got us into a house, but one problem is the first payment they made they gave them a bad check and now trying to get a hold of them. The next payment is due in two days, and they still have notpaid for ther last one. I talk to them awhile ago and they said they would pay both tomorrow, question is. Can I do a volentary repossion and not hurt my credit so bad or what?Optional Link URL : Link Title :
    

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