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?
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1 ANSWER

Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
2 Awards
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

All responses are NOT to be considered legal advice nor to be relied upon in any as such nor to establish any form of attorney/client relationship. Opinions expressed are solely informational and not a substitute for proper legal advice provided by a properly retained after thoroughly researching the issues presented.

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