I have a car for 3 yrs now. i recently lost my job and could not make payment for 6months now. my car is in repossession but they cannot find it and now i contatec them to make payment and they told me they cannot do anything because its now in charge off status. they want me to surrender the car or pay n full. i cannot afford to pay $11000 and they told me if i surrender it i can reinstate the loan.
Is it possible to get it reinstated if i tell them where the car is? also can i just hold onto the car and just keep paying?
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