Stop Repossession of Cars and Other Property
If you are falling behind on payments for a car, truck, boat, motorcycle or other piece of property, you may be in danger of having that property repossessed. Creditors may repossess your property, and you need to act quickly in order to avoid that repossession from taking place. When you file for bankruptcy, the courts will issue an automatic stay that forbids creditors from taking actions towards collections, including repossession.
Take immediate steps to get total debt relief and save your property. At the law firm of Thompson & King, in Anderson, we have helped clients avoid repossession and stop other collection activities through the process of bankruptcy. Bankruptcy attorney Robert King has represented hundreds of clients who have been burdened with credit card debt, debt from financed vehicles and mortgaged property, and other types of debt.
South Carolina Auto Repossession Attorneys
Chapter 13 bankruptcy will give you time so that you can catch up on back payments, called arrears, for a car or other property. It will also stop creditors from contacting you about payments. Under Chapter 13 bankruptcy, you will be able to keep your secured property, such as a home or a car, and the court will establish a timeframe during which you can make monthly payments regarding your remaining debts.
If your creditors are suing you and you have received a summons and complaint, you must respond in a timely manner or you will suffer a default judgment that may not be removable in bankruptcy. You should consult an experienced personal bankruptcy lawyer immediately.
Filing a Bankruptcy Can Stop Repossession
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.