Latest Posts
Home > Ask The Get Out of Debt Experts > Incoming Questions > I’m Afraid We Are Going to Lose Our Vehicles to Repo? – James

I’m Afraid We Are Going to Lose Our Vehicles to Repo? – James

“Dear Steve,

Hi, I am currently out of work and my wife will start a travel position October 5th. We are behind on our car and truck payments 1 month. We just modified our home and got our payment lowered for 5 years. We will be able to catch up on our payments within 2 months, but I’m afraid we are going to lose our vehicles before then. We have already gotten a deferment on my truck and van, so that won’t work. don’t really know what to do. Just don’t want to lose our vehicles, what do you suggest.

James”

 

Dear James,

I had the following questions that I’d like for you to answer before I can answer your question. Please post your answers in the comments section of your question. I’m looking forward to helping you for free.

  1. How many vehicles do you have? Van, truck, car?
  2. What are the monthly payments for each?
  3. How much can you afford to pay in total towards vehicle payments each month currently?
  4. Which vehicles do you absolutely need?

If any reader wants to offer advice in the comments section please feel free to participate.


Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
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.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.