Can Credit Card Companies Take Our Cars We are Still Paying For??
My wife and I have a Car each. I have a 2008 Dodge Magnum and she has a 2007 Chrysler 300 and both are still being paid for monthly. We have got into too much credit card debt and cant make the payments on our credit cards anymore so we are letting the credit cards go! We have decided to keep paying for our cars and our house!
My question is can the Credit Card Companies come and get our Cars even though our cars are still being paid for on a car loan? We have 5 years left to pay on the Dodge and 3 years left to pay on the Chrysler.
I am also Disabled and on S.S.Disability and live in Mississippi. We are just worried about the credit card companies being able to come get our cars.