QUESTION
what will happen if stop making payments
Asked on Jun 12th, 2014 on Debtor and Creditor - Florida
More details to this question:
owe 110000 on an rv. it is worth 70000. what can happen if I quit making payments? I understand the bank can repossess, but what else can they do?
1 ANSWER
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Sue you for deficiency after selling for garage sale value for starters. Before you do such a tingm and given the value at issue, I would retain a lawyer to help you address the issue.
Answered on Jun 12th, 2014 at 1:27 PM