Same credit problem with a quirk

Submitted by bktwist on Mon, 08/19/2013 - 00:35
Forums

I am in the same situation with a quirk. I am getting retirement pay and I cannot pay my credit card. I have a car loan to the same creditor but I am able to pay that every month. Can they take my car even though I am not in default of the car loan? If I contact my bank about possible attachment, will they tell me they are going to close my account? Thanks!!

Welcome to the forums!!!
Since you are not in default of the car loan, then they can’t take your car. But they can file a lawsuit against you because of nonpayment of credit card debt. Once the court issues an order against you, they can garnish your checking account or place a lien on your property.

Mon, 08/19/2013 - 04:55 Permalink