General Discussion
In reply to the discussion: Why Poor People Stay Poor [View all]bhikkhu
(10,789 posts)If you have money and your car gets towed you just pay the bill and get it back, you take care of it. If you don't have money, immediately its a desperate problem you know you probably can't solve - helplessness takes over. When living day to day takes everything you've got, just one more thing puts you into overload and you shut down; "poor ways". You could try to negotiate fees, but you know the company doesn't give a crap, and its not easy to walk into an office where you know they'll humiliate you and joke about it after you've gone. You could go to the city and ask about recourse, but probably get the run-around and more condescension. You could go to the court and challenge the fees, but that takes time and money, and who has those to spare?
I lost a car to an impound lot once, and then to the bank where it was auctioned off for a pittance and I was sent a large bill for the balance of the loan. Ended up in a bankruptcy after a year of great stress. I could have paid it off, I figured, if I worked like a dog and scrimped for 5 years...but there wasn't really any point. Several things I did wrong and could have done better, but its hard to make all the right moves and all the right decisions when just living day to day takes everything you've got.
In my case I was lucky - my brother lent me a car he wasn't using for a year, and in the long run the bankruptcy was "lesson learned". I haven't had any significant credit card balance or bought a car on payments since.