Owed

Why Do Some People Think They Are Owed Free Health Care?

Universal Health Care, a la Hillary, would be a complete disaster to our ecomony. Yet, some people think it is a God-given right, and not a privilege.
How about this: don’t buy the biggest house, the SUV, every toy available (boat, vacation home, RV, off-road racers, etc.), stop shopping for the latest trends …
Instead, save, invest, work your money, so you can buy insurance and be grateful that the MD you end up seeing actually wants to practice medicine and wasn’t brought into med school on affirmative action.

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Sunday, August 9th, 2009 RV Insurance 23 Comments

Is It Possible To Renegotiate An Rv Loan On An Rv Worth Much Less Than The Balance Owed?

My RV is worth about $30k less than I owe and, due to my husband’s death, I can’t make the payments. My loan is through B of A. and my only income will be my husband’s pension and I have no savings other than my husband’s life insurance. If the motorhome is repo-ed, will I be liable for the balance owed? Is there any chance I might be able to negotiate with B of A to forgive part of the loan so I can sell it? I’m also going to lose my home as I owe about $125K more than it is currently valued so I can’t pull money from my home to get out of the RV. Any comments will be appreciated.

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Sunday, August 2nd, 2009 RV Insurance 2 Comments

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