I WOULD HAVE THOUGHT THAT THE REMAINING DEBT ON THE CAR WOULD HAVE TO BE PAID EITHER BY REPOSSESING THE CAR AND CHARGING THE REMAINING AMOUNT TO YOURSELF TO REPOSSES IN GOODS, AND AS YOU NO LONGER HAVE THE CAR THEY WILL PROB REPOSSES THE WHOLE REMAINING DEBT FROM YOUR OWN BELONGINGS IN YOUR HOUSE.

YOUR BEST BET IS TO TELL THEM YOUR OUTGOINGS AND INCOME AND THEN TELL THEM YOU CAN AFFORD SOMETHING LIKE A POUND AND THEN THEY WILL HAVE TO EXCEPT AS YOU ARE TRYING TO PAY THE DEBT OFF AND YOU HAVE VALID REASONS FOR DEFULTING, ALSO BY DOING IT THIS WAY YOU CAN BUILD UP YOUR CREDIT AGAIN.