there anyway to do so? Or do I have to file for bankruptsy? I had a really good paying job, and like a dumbass and not thinking, me and my fiance bought 2 cars. A SUV for work and a car to get us around. The trade in value of the cars are lower than the amount we have to pay off. Example, trade in value for our Mustang is 13k we still owe 20k on it. Is there any way to surrunder? We live in NY. I know state laws vary greatly, but we just don't know what to do anymore. Any help would be great! Thanks in advance!