Motorhomes
Class A, B and C motorhomes carry large loans, but also high resale values. Late-loan repossessions can leave sizable surpluses.
Repossession · Storage lien sales
RV or camper repossessed or sold for storage fees?
RVs hold their value, which means a repossession or storage lien sale can easily bring in more than what was owed. That difference is surplus, and it belongs to the former owner.
Nothing up front · No recovery, no fee
How RV surpluses happen
When a lender repossesses an RV, the Uniform Commercial Code requires it to apply the sale money to its costs and the loan, then pay any surplus to the borrower.
Storage lots and campgrounds can also sell an RV over unpaid fees under state lien laws. The bill is usually small next to the RV's value, so these sales often leave money behind.
Sale price$52,000
Loan balance and sale costs$31,400
Surplus for the former owner$20,600
Liens and other claims may be paid from the surplus first, so the amount you receive can be lower.
Travel trailers and fifth wheels
Towables are often financed or stored separately from the tow vehicle, and get sold on their own when payments or fees stop.
Storage and campground liens
A few months of unpaid lot fees can lead to a lien sale. The lot keeps its bill and costs; the rest can belong to you.
My RV was sold for storage fees. Is there money left?
Possibly. Storage bills are usually small next to an RV's value. We check what it sold for and who is holding the difference.
I still owed on the loan. Can there be a surplus?
Yes, if the sale brought in more than the remaining balance and the lender's costs. We review the lender's accounting to find out.
What does it cost?
Nothing up front. Our fee is a percentage of what's recovered, agreed in writing before we start. If nothing is recovered, you owe nothing.
The check you're owed.
Tell us what was sold and we'll check the records for you. It's free and there's no obligation.
Start my claim