0
I think you're attempting to describe a voluntary repossession. The answer is, ultimately, yes, but it'll be a little more complicated.
If you're also on the loan, you'll need to provide the bank with proof of your husband's death. If he's the only one on the loan, you'll probably have to get the executor (which may also be you, or may not) to do it on behalf of his estate.
Also, voluntary repossessions are not a "no harm, no foul" deal that wipes out the loan completely. His estate, or you, depending (in practice, either way it almost certainly still works out to "you"), will still be responsible for paying the difference between the amount still owed on the loan and the fair market value of the RV (this basically means "what the bank can sell it for at auction"). Because of this, it may be more beneficial for you to try to sell it yourself. Vehicles in auctions are mostly bought by people who intend to resell them (and are therefore essentially "wholesale" prices), while if someone buys it from you for their own use you may be able to get something closer to the "retail" price.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
When should i give my car back to the bank before or after filing bankruptcy in Alabama?
You give your car back to the bank after filing bankruptcy, the bank will ask your attorney for the vehicle back and give you a certain amount of time and the location to return it to. Definitely do not give it back before you file you will need to have it discharged legally from your debts.
How do you give a foreclosed house back to the bank?
When the bank foreclosed on the house, they took it back. Now it's time to move out.
If a person dies can you give car back to bank?
If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.
Will a bank give you 10000 pennies if you give them 100 dollars?
no of course not, it sends you back in time(;
Can you give your mobile home back to tHe bank?
I very much doubt it. But if you stop paying they'll take it back !
When you give a car back to the bank will you still be held responsible for the balance of the loan?
Yes.
What was the problem with setting up a national bank?
The Ability To Give Someone Back His Or Her Deposits.
Is it ok to exchange neopoints deposit them get higher bank interest and give them back to the other player in neopets?
If you give them back, then your interest will be low again. And no, it is not okay, that is cheating.
Can you give back the extra loan amount released by the bank due to some circumstances?
Yes so i am told from other people that have given money back to the bank! Hope that helps!:)
How do you get your car back from repo and how long do you have to get it back?
If a vehicle has been legally repossessed, then the bank has absolutely no obligation to give it back to you. Ever. But many banks will work with you in rder to get the loan repaid, but from a legal standpoint the bank has ownership at that point.
Who gets the gifts in anniversarys husbands or wives?
Gifts should be exchanged. This means you should always give one and if you don't get one back try not to look hurt !.
Do women give their vagina to their husbands on wedding night?
yep
