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In Arkansas, a deficiency judgment may be entered by the court for the amount left unpaid on the loan on the motor home. If this occurs, the judgment can be executed on your assets.
A possible solution could be to contact the lender and arrange a surrender of the motor home conditioned on the lender not pursuing a deficiency judgment. The lender may be willing to do this if it is convinced that you have no assets upon which he could execute a deficiency judgment.
I hope that the information which I provided was helpful to you.
Best wishes for a successful outcome. If you have additional questions, please do not hesitate to submit them to me directly.
Thank you, FLAandNYLAWYER
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