Repossession Stopped

Hello, My Internet Journal Online readers.

I am still debating if I want my car repossession stopped. At this point, my finances and credit is so screwed up, I fear it would be years before I qualify for anything "on time". And I blame myself, for the most part.

I've made some bad decisions, which I will never make again, but have to live with now. I never should have bough a second car. I am not rich, nor did I marry rich. We both work, and work hard. But now, since I had my twins last year, I work hard, but without pay. So that's why I am in a predicament where I'm searching for information on how to get a repossession stopped.

I cannot sell the car, because I owe more than it's worth. I believe they call this an "upside-down" loan. Once they do take the car and auction it off , I will still owe the remaining balance. Will they then try to sue me to get their money? Will my credit ever recover? Oh, and I almost forgot. We have a house in another state in almost the same situation as the car. So I am also trying to avoid a foreclosure. Yeah for me!

Until next time,

My Internet Journal Online