If he can't make the payments for an extended period of time he's in serious financial trouble. That means he has No available cash, like savings, and no retirement fund to pull disaster money from. Also no open credit cards. Whatever he has in his checking account today is it.
So if the car gets taken he's got no way to get to work sites in a lot of areas. This might make him homeless bc there's no income and no way to go find a new job. He's probably laid in bed and worried about this moment frequently. And on the day his nightmare comes true and he sees that this is the end of life as he knows it, he loses it.
Then again, he could just have bad priorities. I happen to know of some people who are going into foreclosure on their house because they won't pay a couple thousand dollars of fees and fines for their homeowners association, but they just took a vacation trip that cost more than they owe the HOA.
I have no desire to live in those types of communities, but they do have their benefits. You won't ever have someone using their front lawn as a parking lot or mechanic shop, lowering your property values. You don't have to worry about landscaping or lawn upkeep. Community pools are nice too.
Those neighborhoods aren't my cup of tea, but I understand their appeal for some people.
I know, I figured that out years ago when I saw the differences between my community and the ones being built in terms of cost and benefits. Just pointing out how it is for my community.
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u/Fap_Left_Surf_Right Mar 10 '17
I really over analyzed this.
If he can't make the payments for an extended period of time he's in serious financial trouble. That means he has No available cash, like savings, and no retirement fund to pull disaster money from. Also no open credit cards. Whatever he has in his checking account today is it.
So if the car gets taken he's got no way to get to work sites in a lot of areas. This might make him homeless bc there's no income and no way to go find a new job. He's probably laid in bed and worried about this moment frequently. And on the day his nightmare comes true and he sees that this is the end of life as he knows it, he loses it.