Protecting Your Car From Repossession

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It is very easy to start to drown in debt and lose sight of the shore. Have you fallen behind on your car payments? At LaRese Law, we can help you get back on track by filing for bankruptcy and avoiding car repossession.

Why Is My Lender Threatening To Repossess My Car?

If you are delinquent in your car payments, a lender may contact you and threaten to repossess your car. However, usually, a repossession order goes out without your knowledge and you may come out of work or home & find your car missing. When you purchase a car and finance the cost, a lender retains certain rights in the vehicle. One of the rights a lender retains is the right to take back the car if you do not make timely payments. This is known as default. The terms of default vary and are outlined in your loan agreement. Contact me if you need help navigating your rights if you are behind on payments.

How Do I Avoid Repossession Of My Car?

 The time to act is now, not when things get worse. 

The most important thing you can do if you are facing serious debt problems is to call an attorney. We take a personalized, casual approach. We can sit down together in a comfortable environment and discuss your bankruptcy options. We can help you find a solution that makes you feel comfortable and at ease about your financial future. Call today at 203-583-8668 or contact me online to schedule a free initial consultation.

We are a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.

Voluntary Repossession – What You Need To Know

You may voluntarily surrender your vehicle if you are having a hard time making your car payments. This process will allow you the turn in the vehicle on your terms instead of the lender sending someone to repossess your vehicle involuntarily. This option can save you the embarrassment of dealing with a repo man or coming outside to find your car gone.

When you work with our office, you will have one less thing to worry about during difficult times. Law Offices of Jennifer LaRese, LLC can assist you with returning your vehicle and avoiding the repo man!

If I voluntarily surrender my vehicle will I still be responsible for the loan on my car?

While surrendering your collateral can avoid repossession directly from the finance company, the process may still leave you responsible for some, if not all debt on your vehicle. Depending on your lender, you may also have to pay certain fees or fines related to returning your vehicle. Also, your liability may change if you have filed for bankruptcy already, or you may be seeking to file bankruptcy. With our legal expertise, my offices can help you determine what costs you will be responsible for and guide you to the best resolution for this matter.

If I file for bankruptcy will I have to give up my car?

It depends. Our firm works with you to find a solution to your debt problem. Each case is unique, and multiple factors determine whether you can keep your car in bankruptcy. With our help, We can guide you to the best solution to take back control of your finances.

Law Offices of Jennifer LaRese, LLC Provides You With Solutions

 My office works hard to inform you about all your options to help you make a decision that’s right for you. Contact me today for a free consultation, at 203-583-8668 or online, to discuss whether or not surrendering your vehicle is the right decision for you.

Do not face your debt problems alone.

Contact us today for help.

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