Is voluntary repossession of a cumbersome equipment a honourable alternative if your other personal credits are still flawless?

I'm selling our dump truck and bobcat right now but business has really be slow. Should I just voluntarily have it repossessed right very soon rather than pay for it from my personal funds and eventually still lose it subsequently on?
Answers:
I would not let it get repossessed. When that happen it will be sold and say you owe 10,000 and they get 5,000 from the public sale. You will be sued for the balance. You will still be paying for something that you do not have. And they will clear you pay for it. I would keep the payments up and maintain trying to sell it. Advertise it better. Good luck.
Try to find some Affiliate program on internet or anywhere so it will bust of your bussiness at least you survive beside ur business


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