what will happen if we let our camper go back to the bank? We have tried to

  • Thread starter Thread starter wcoyote42
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wcoyote42

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sell it but can't. ? We live in a state I believe where they cannot garnish your wages.
 
They can do nothing if you have nothing.They could put a lien on anything you own free and clear.It will lower your credit rating but better for you to return it voluntarily.The bank will sell it at auction if no one takes up payments and they will try to get you to pay the balance.
If you don't own anything free and clear they can't do anything.The bank can sell the note to someone else and they will try to scare you into paying the note.Talk with a lawyer or your Justice of the Peace.
 
I am not sure I know it will be bad on your Credit.I know times are tough and it is sad that we can't pay for things we bought.I have been laid off for 3 weeks and man I did not know how bad the Job scene was till I was out there looking for a job.
 
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