workhardplayha1
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Joined 16 years ago
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Re: Florida Repo laws?????
Thanks I was very proactive with the bank throughout the whole process. I also spoke with my accountant. He said if the bank reduces the amount owed it will be considered income to me and filed with the IRS. I am not trying to get out of paying the bank. I just want this finalized so I can put it behind me.244Views0likes0CommentsFlorida Repo laws?????
I am sad to say my days of RVing are over for a while. I recently had some unforeseen changes in my life. Long-Short I tried to sell my RV with no success. I got an offer from a wholesale buyer and he offered me $50k. When I advertised it I lowered the price every week until I was at $55k. The motor home was clean and showed well. Anyway I met with the bank and they agreed to send it to auction. It sold for $57,xxx. I was still $18,xxx upside down. The only reason I know this is by viewing the account information online. It has been two months and I have not heard anything from the bank about satisfying the loan. My question- Is there a statute of limitation the bank has to notify me that the RV sold, request payment?2.1KViews0likes3Comments
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