Wrecked a bike and cant pay loan, what to do?

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TopVillyn

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I financed a motorcycle and wrecked it. The bike sat in storage too long and was taken by shop to pay for fees. Still owe financing company some change and they don't even know i don't have the bike anymore. I don't have the money to pay. What should I do? What's the worst they can do?
 
the worse they can do is they can completely screw up ur life for good. we're talking about them forcefully taking away ur money even if u dont want to, ur credit score will drop to the point u won't be able to buy $h!t. and from there on.....u can imagine. no house, no car, and even finding an apartment will be hard.
 
What finance company let you keep it without having comprehensive insurance on it?
Sounds like you are up shit creek with no paddle.
Cant imagine why you wouldnt insure it, mine is about $175 a YEAR for full coverage.
 
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