Chapter 7 Bankruptcy Attorney in the Bronx

Prevent Repossession with Bronx Bankruptcy Guidance

Suppose you are afraid your property will be repossessed or your car has recently been repossessed because of failure to make payments. In that case, it is important that you contact an attorney from the Law Offices of David Brodman right away.

Our firm has experience handling these sensitive cases, and the sooner you work with the Bronx bankruptcy lawyer from our firm, the sooner you may be able to regain your repossessed property. At our office, we have more than 20 years of experience assisting our clients with achieving the best possible outcomes for their cases and we may be able to help you as well.

Immediate Steps to Take After Vehicle Repossession in NY

Cars are some of the most commonly repossessed items because most people purchase vehicles with bank or dealership loans. In the event that you fell behind on payments and your vehicle was repossessed, it is important that you act quickly.

Chapter 13 Bankruptcy: A Solution for Repossessed Cars in New York

Generally, filing for bankruptcy within days of the repossession can help you get your car back in New York. If you've already payed over 60% of the amount you owe at the time of the repossession, the creditor has a 90 day period to auction the vehicle in which you can retrieve your car.

When you file for Chapter 13 you can arrange to have the vehicle payment drafted into the repayment plan. To determine your eligibility to file for Chapter 13 bankruptcy, it is important you work with our firm's attorney.

Strategies to Avoid Repossession Before It Happens in the Bronx

If you have already fallen behind on your payments but your car has not yet been repossessed, you have options. While a loan modification could potentially help save your vehicle, filing for bankruptcy can stop the repossession process in its tracks.

Under Chapter 13 bankruptcy, you can choose to have your car payments drafted into the repayment plan and work toward paying off your vehicle over the course of a few years. In most cases, car payments will remain around the same amount, so it is important that you plan in advance for these adjustments.

Experienced Bronx Bankruptcy Lawyer Ready to Assist You

Repossession can be an embarrassing and stressful situation. In order to avoid the potential hassle of trying to regain your vehicle on your own, it is important that you contact the Law Offices of David Brodman.

It is important that you contact the Bronx bankruptcy attorney from our firm right away if you are struggling to:

• Pay your bills
• Stay afloat
• And keep up with your car payments

Our firm has years of experience providing outstanding representation to our clients, and we may be able to help you as well.