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...
Forum Discussion
donn0128 wrote:
Lower the asking price to a more reasionable number. Letting finance compane take it back is ALWAYS the last worst option. Besides still having to pay off the loan balance, your credit will also take a huge hit.
if it sells for less than the note, he will be required to cash out the balance, because the bank will not sign off on the title.
