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Michael, most of the companies who use the Bill of Sale business model do so because the borrower has bad credit. The payments are usually at a highly inflated rate and the Bill of Sale allows the companies to collect ALL monies owing under the agreement, even after they have paid a significant amount of the debt off. Voluntary Termination is removed and while you say, they are not forced to enter into the transaction, those that do usually have limited options. A change needs to happen because car sales companies are taking advantage by using outdated laws when new legislation designed to protect the consumer has been introduced.