If the lender repossesses the RV and sells it for less than what’s owed, who is responsible for the remaining balance? NC
If the lender repossesses the RV and sells it for less than what’s owed, who is responsible for the remaining balance? – North Carolina Short Answer In North Carolina, if a financed RV is repossessed and sold for less than the loan payoff, the remaining balance (a “deficiency”) is usually a debt of the borrower.…























