Legal Question in Credit and Debt Law in Florida

i owe 20k on an rv, i can't make payments. what happens when the bank repos the rv


Asked on 9/20/11, 7:51 am

1 Answer from Attorneys
Lucreita Becude Lucreita D. Becude, P.A.

they will try to sell to the highest bidder - the balance will go on your credit report as a collection. I suggest you sell it yourself because the bank in only interested in getting what they can on an easy auction and then file the judgment.

Read more
Answered on 9/20/11, 8:39 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Florida