I am 69 years old and on social security and have an rv that I can no longer afford. What can the bank do legally do if I let them reposess ...

Question

I am 69 years old and on social security and have an rv that I can no longer afford. What can the bank do legally do if I let them reposess the rv?

Answer

sue you for the deficiency between amount owed and what they sell it for...never "let" them reporssess if you could find someone to take over payments??? either way you are hurt