What Can I Do If I Can No Longer Afford My RV Payment
I'm upside down, and I have been unsuccessful in selling my motor home. I'm quickly running out of funds to cover the payments. I have Florida coastal property that I've also been unable to sell because of Hurricane Ivan and the economy. The sale of the property was going to pay off the loan. My remaining option seems to be to turn over the keys to the lender. Other than putting a lien on my home, can they repossess my cars or any personal property? I'm retired so I wouldn't think they could garnish my retirement/Social Security or touch my IRA.