Legal Question in Credit and Debt Law in Florida
motor home repo
the motor home is the banks collateral can they take any thing else from me if i let it go back? i own a piece of land .i do not have any income and very little savings left
Asked on 12/09/06, 5:41 pm
1 Answer from Attorneys
Barry Kaufman
The Law Office of Barry W. Kaufman
Re: motor home repo
If the land is not exempt under Florida's homestaed exemption, the creditor may be able to force a sale of it to satisfy any deficiency. Although it's possible a creditor can take your possessions to satisfy a judgment, they usually do not do so for a lot of reasons too numerous to mention.
Answered on 12/11/06, 10:31 am