well, im 24 years old currently live in NY. back in 2006 i moved to florida bought a car and rented an apartment. well i lost my job, and got evicted in june of 2007. subsequently i moved back to NY and drove the car i purchased back to ny with me. i moved back in with my parents, and during the whole process i fell behind on my car payments and my car was repoed in april 2008.
currently i am paying 50$ a month on my eviction payments. the total due is over 6000 dollars. i know its a small payment but thats all i can afford. im a full time student and will graduate from comm college i may, and plan on enrolling in a 4year school in the fall. i have not heard anything from the finance company of the car. they do have my address and my phone # but still havnt heard a word. is it possible that they will not try to collect the debt? just brush it under the rug? i still owe over 5000 dollars on it…
2006-2008 was a very rough period for me, but im getting my life back together. these 2 years has destroyed my credit.
should i even pay off this eviction? is it even worth it? it will be off my credit report in 7 years right then there will never be a trace of it correct? should i just wait it out a few years? and is it possible that the car place has just squashed my debt?
advice plz.. thanks!