Turn in motorhome back to bank
Has anyone got some information on what happens and how bad it is to turn your motorhome back over to the bank? I have a 2006 Allegro Bus that I have been trying to sell for a couple of months with n...
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My son was in the same position with a 2006 Monaco Diplomat and turned it back to the bank. The bank sold it at auction and received an amount $33K less than the loan amount. He had to cash in most of his retirement fund to pay the difference. He had the option of claiming bankruptcy but he would have lost his house in the process so he just paid off the difference. I wish you the best of luck with your dealings.
