If you are afraid your property will be repossessed or your car has recently been repossessed because of failure to make payments, 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 15 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.
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. Generally, filing for bankruptcy within days of the repossession can enable you to get your car back. When you file for Chapter 13 bankruptcy quickly after repossession, 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.
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.
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. Our firm has years of experience providing outstanding representation to our clients, and we may be able to help you as well. If you are struggling to pay your bills, stay afloat, and keep up with your car payments, it is important that you contact the Bronx bankruptcy attorney from our firm right away. Get started today by completing a free case evaluation form as soon as possible.