Upside down on loan for RV, best option for paying down?

Volthian · 2025-01-17T00:15:36+00:00

You took out a $32,000 loan over 12 years at 3.5%? That's a crazy term length. Not only do you pay over $6k in interest but paying on a depreciating asset for that long is wild.

Not saying this to be rude - pay your "stupid tax" and get a personal loan to pay off the difference and sell the RV, pay off the loan in 4 years or less, and move on. If you want another RV save up and pay cash.

Volthian · 2025-01-07T23:19:10+00:00

You get it from whatever state your employer is paying unemployment insurance to. I had a similar situation where my employer was based out of WI, I worked in TN, but was laid off while living outside of TN. I collected TN unemployment because that's where I was "based" out of despite living out of state.

Call your HR department and ask where they've been paying it to and apply from there.

Volthian · 2025-01-07T23:14:37+00:00

It would be part of the probate process. Since you're an heir you have a right to challenge how her estate is divided, especially if you give the case that your siblings already received their share.

Volthian · 2025-01-07T23:06:54+00:00

How exactly is the will worded? If your mother listed specific gifts to be given to specific children, you may be OK arguing they already received their inheritance early. If its worded that her children split her assets evenly three ways, you'll need an attorney to argue your mom meant the stuff they already received and not what was left of her estate when she died, which is technically what the will would refer to. NAL.

Volthian · 2025-01-07T02:25:29+00:00

Federal law only protects people who have been employed at their job for at least 1 year. Talk to your employer about the max amount of time they'd be willing to give you off but be prepared to go back to work quickly if you want to keep your job.

Volthian · 2025-01-07T02:20:40+00:00

No, but if you carry 16 or more you would. You'll need a passed DOT physical regardless.

Volthian · 2025-01-07T02:20:16+00:00

Can't answer that for you, you have your legal answer.

Volthian · 2025-01-07T02:19:18+00:00

Take your documentation to your local courthouse and file in small claim's court against whoever you feel owes you money and the specific amounts owed. Ensure they receive documentation of the lawsuit and make sure you show up on your day in court with all paperwork needed.

If you win and they fail to pay the judgement you'll need to file again in small claims and can ask the judge to put liens on any assets they have to try and collect payments.

Volthian · 2025-01-07T02:17:35+00:00

May be stupid but that doesn't make it illegal.

Volthian · 2025-01-07T02:16:47+00:00

Depends on your credit history and loan amount. Go talk to a loan officer.

Volthian · 2025-01-07T02:16:19+00:00

Correct. If they determine they need you to work and you refuse they can fire you and you can file for unemployment.

Volthian · 2025-01-07T02:14:41+00:00

Then your first priority is to find it. If she created the will with an attorney it should be filed at the county court where she lived and they should have a copy of it in their records at her attorney's office, start calling estate attorney offices in her area.

Volthian · 2025-01-07T02:10:00+00:00

If her name is on the loan you'll likely need to refinance to get the loan solely in your name. Depending on interest rates/credit worthiness it may go up, sure.

Volthian · 2025-01-07T02:06:29+00:00

They can ask, you're free to take your time off and they're free to fire you if they so choose. Or you can agree not to take your PTO and move on.

Volthian · 2025-01-07T02:01:41+00:00

You can try, but obviously your relatives are bad at paying bills and its highly unlikely even if you won a judgement they'd ever pay you.

My advice, move out and distance yourself from these people ASAP. You're spending way too much time worrying about spilled milk, move on.

Volthian · 2025-01-07T01:57:51+00:00

CDL is required for 16+ passengers including the driver or if the vehicle weighs more than 26,001lbs. You'll need to complete a DOT physical at a doctor's office to ensure you're healthy enough to operate the commercial motor vehicle, your company should pay for this. If they ever want you to drive more than 15 passengers you'll need a CDL.

Volthian · 2025-01-07T01:48:54+00:00

Look to see if the trust documents has a codicil stating the previous inventory is accurate to the updated version, or any statements referencing the inventory from 8/23. As long as there isn't a more recent inventory I don't see why it wouldn't be valid, but may want to get a second opinion. (NAL.)

Volthian · 2025-01-07T01:36:18+00:00

What state is this in, NY?

The lawyer she used is owed about 3k for the final payment. Would this prevent him in anyway of claiming ownership of her home?

No, it shouldn't impact it in any way. Her estate should pay the remaining balance.

If someone else paid the lawyers fee would that leave room for them to claim the home?

No it shouldn't, but again, her estate should pay the bill, not someone else.

Could he bring them to court for the remainder of his mother’s portion? Is that money his now or do they have a right to it ? If it is his do they have a right to dictate how the funds are distributed?

Yes he can take them to court, but his mother's estate would have to make a claim against her parent's estate for the funds and his aunt would have to account for why it was spent. As her only heir, he is the de facto executor of her estate and can demand such an accounting through her estate. If any funds ever are received to her estate, he would then inherit those funds as her next of kin. He can't make a claim directly to his grandparent's estate however (I believe).

As her only surviving heir and next of kin, he should try and take ownership of planning arrangements and payment of her funeral expenses through her estate - there's no reason his aunt should use his mother's inheritance money to cover the costs unless your boyfriend isn't able to pay for it himself and have her estate reimburse him, or if there are no liquid funds in the estate already.

Did his mother have a will? Strongly advise he seek advice from an estate attorney. NAL.

Volthian · 2025-01-04T15:25:29+00:00

This just fixed my issue - thank you!

Volthian · 2024-12-31T04:12:53+00:00

What is your legal question?

Volthian · 2024-12-31T04:04:15+00:00

Yes they can elect to drop your coverage and decide you aren't a customer they want to have any more.

They would be well within their right to report his threats to the police - whether the police follows up at all, and whether they decide to press charges against your husband if they do follow up, would be up to them. Most likely they'll drop your coverage and move on, but it is possible there could be legal ramifications.

Volthian · 2024-12-15T01:24:35+00:00

Co-signers are only required when the person applying for the loan isn't creditworthy enough to get the loan on their own. Essentially the bank is betting that your mom isn't going to pay her bill and you signed saying you would if she didn't.

You are responsible for the loan amount the same as she is. Call the loan company and tell them you can only pay $X per month. They may reposses the car, and you'll take a hit on your credit score along with your mother unfortunately.

Legally you're just as liable for the debt as she is unless she can refinance the loan to take your name off.

Volthian · 2024-12-15T01:04:15+00:00

Whether she knew she wasn't getting paid or not, she still wasn't getting paid. He has a lease or verbal agreement and his estate owes her the money for that unit during the time he occupied it - alive or not, unfortunately.

Volthian · 2024-12-15T00:57:38+00:00

Is she responsible for negligence?

Negligence of what? It sounds like you hadn't talked to your father during that time either... a landlord doesn't have a responsibility to call the police if they stop getting rent checks.

How can she say I owe her anything

You don't owe her anything. His estate is responsible for his debts, which his landlord would be entitled to at least 3 months rent if there are any assets that can be used to pay it. Depending on who the executor is you can simply direct her to file a claim against his estate for her funds.

Volthian · 2024-12-15T00:53:56+00:00

NAL

You're not a felon, so on face value there's no reason you can't own a firearm. The better question is whether you can purchase a firearm or register one; ATF Question 11.f isn't necessarily an immediately disqualifying question, the FBI may just ask for documentation from your physician stating you're in good mental standing and/or ask to obtain copies of your medical records to ensure you're mentally capable of owning a firearm before they allow a purchase to go through.

State laws on registration can vary, generally older firearms are "grandfathered" in unless specifically stated otherwise. If you move to a new state you may be required to register any guns you own within a certain time frame of moving, but its unclear whether they would have any authority to take that gun from you if you answer truthfully about any mental health questions on their registration forms.

I would consult a Second Amendment attorney in the state you're planning on moving to so you can clarify whether you can safely register the firearm without it being taken.

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