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Why Do You Think They Repossessed My Car?

Question:

Dear Steve,

Did they repossess my car?

Why would they repossess my car?

Linda

Answer:

Dear Linda,

If your car is not where you left it then it was either repossessed or stolen. Call the police if you think someone stole it.

As far as why someone would repossess your car, I’m going to have to go out on a limb here and say it has something to do with missing payments.

Alternatively, I’ll have to go find my Magic 8 Ball to give you a better answer.

Sincerely,


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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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