“Dear Steve,
I am on Social Security Disability I get that, help from the state and 381.00 from a retirement persi acccount. I am 130% below poverty level. I own a nice car, and a mobile home, I have no money in accounts or savings but I do own my moblie home and car? Can they take my car or mobile home if I can’t payy off this 6000.00 credit card? I will be dead before its ever paid off.
I am afraid they will take my mobile or car?????????????
Shirley”
The Answer:
Dear Shirley,
The credit card company may sue you in order to collect on the credit card debt. hey will probably win and then get a judgment but it sounds like it is not collectable based on your current circumstances. I am assuming the car is not of tremendous value.
Nobody wants your mobile home or car, certainly not the creditor.
Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.