To anyone who can help,

I will start by explaining my current situation (and attempt to make a long story short). About a year ago I made the poor decision to help a co-worker and co-sign on a new Jeep. At the time I had a superb credit rating and my own new car and payment to match.

A month ago I received a call that the Jeep was in default and about to be repossessed. I of course had no knowledge that it was even a payment behind, not to mention soon to be 3- and later to discover that 5 out of 10 payments were late on the vehicle and my credit had already suffered a major blow.

In an attempt to save myself I went on a mission to find the Jeep (she had recently moved to a another state), and was successful in getting it back to my home.

Now I have two autos with monthly payments totalling over $900. Both cars are extremely upside down (25k owed on one & 17k on the other) and I am searching for my best option; I certainly cannot afford another month like this.

Both vehicles have been posed for sale for about a week and a half, and so far I have had no luck with interested buyers. I have been told that voluntary repossession is my best option, and even if I believe I can recover from the hit I would be unable to pay for the negative after auction.

Your best advice would help greatly. And let this be a lesson for anyone who is asked to co-sign on a vehicle. If not for this bad decision I would have no problem making my bills and would still have the credit rating I worked hard to earn.

Short answer: increase your income; do you know anyone who would pay you to use one of the cars? Voluntary repo is no answer, in my book. I would take a second job until the first car sells.

Well first you are lucky they gave you the Jeep, as a co-signer you had no legal right to go get or take the jeep, and I hope the buyer signed over a bill of sale to you, since only they can actually sell it. You are just on the loan, not the title.

So you are lucky they decided to give you the jeep.

But selling it, is about it