Can a person voluntarily return a car to the bank to avoid repossession?

Answer:

Repossession

That is a repossession. Anytime the lender get's the car back instead of the money agreed to on the contract, it's a repossession. It will show as a voluntary repossession. And hurts the credit.  
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Contributor: Neila222
First answer by IamLostRU. Last edit by Car Debt Solutions. Contributor trust: 1 Question popularity: 232 [recommend question].