|
|
|
|
|
|
|
Financial Question and Answer
|
|
|
Financial Category: Asset Protection
Location: NM
|
|
|
Posted: 03/22/2009 Approved: 03/22/2009
|
|
|
Number of Replies: 2 Email Copy To: 
|
|
|
Question:
I have a boat loan in excess of $100,000. I can't pay it off. If the loan company repossesses my boat and it does not satisfy the total owed, what can I be accountable for? Can they take my home or any assets I have left? What's the worst and best case scenario?
|
|
|
|
|
|
|
|
Answers (click on a reply to view the answer)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mechanics of Money, LLC - © - All Rights Reserved
|
|
|
|
