What can happen if I can't pay my truck payment and the bank well not work with me?
Question Details: What can I do?
They don't have to work with you--that's the first thing to bear in mind. Your financing agreement is a contract; you are bound to its terms, and they can enforce its terms against it. So they don't have to renegotiate your payments.
1) Sell the truck and use the the proceeds to pay off the loan.
2) Default on the payments, then what happens next is in the bank's hands: they could repossesss the truck, or sue you, or both. (E.g. say you owe $20k and the truck is currently worth $14k; they could take the truck, the sue you for the extra $6k.)
3) You could try filing for bankruptcy, but the interplay of bankruptcy and a secured debt (a debt, like a vehicle loan, where they can reposses property if not paid) can be complex: you are advised to consult witha bankruptcy attorney to discuss in detail before filing.