Repossessions

Bankruptcy Lawyer in California

If you are struggling with debt and are having trouble making your monthly payments on your auto loan or loans for other items such as electronics or furniture, you may be subject to repossession from your creditor.  When you take out a loan, your creditor still has legal rights to your vehicle or other items until you have finished making the very last payment.  If you default on your loan, your creditor can send someone to "repo" your items at any time (day or night) and does not have to give you notice of the repossession.  To avoid repossessions, it is best to contact your creditor right away if you know that you are going to have trouble making your payments on the loan.  This way, you may be able to work with your creditor to formulate a repayment schedule that better suits your needs.  If you cannot work with your creditor, you may need to think about filing for bankruptcy to prevent further repossessions or explore other options for debt relief.  If you are facing repossession or have undergone repossession of any of your goods, contacting a California bankruptcy attorney right away is one of the wisest decisions you can make.

Once your car or other items have been repossessed, the repossession will stay on your credit report and cannot be undone.  Your creditor may also choose to sell your car or other goods at auction, and if you want the items back, you will be forced to buy them back at an increased price.

California Bankruptcy Attorney

If you have had your car or other important items repossessed and are considering filing for bankruptcy, having a knowledgeable and savvy group of bankruptcy lawyers in your corner is very important.  At Price Law Group, we have represented a number of clients who have undergone repossession, and we have relied on our sophisticated understanding of bankruptcy law to help them successfully petition for bankruptcy or find other effective methods of tackling their debt.  If you face a repossession, that usually means that have significant financial problems.  We want to help you through those problems and work with you to regain your financial freedom today. 

Act now to put an end to repossessions.  Contact a California Bankruptcy Lawyer to find out how bankruptcy could help you with ceasing all repossessions now.