New York Repossession Attorney

Are you facing repossession?

If you have fallen behind in your car payments, your vehicle is in danger of being repossessed. You may already be receiving notices about your missed payments, or have been sent a letter informing you of the creditor's intention to repossess your car. To prevent your car from being taken away, contact a New York bankruptcy lawyer to find out your options, including filing bankruptcy to protect your assets.

When you acquire a loan to purchase your car, the lender retains title to the vehicle until the loan is paid off. The car also becomes the loan's collateral. If you default on your payments, the lender has a legal right to take back the car.

The loss of a vehicle can have a serious impact on your daily life. If your car is your primary means of transportation, its repossession can create many hardship including hindering your ability to work or attend school. Filing bankruptcy can put an immediate stop to repossession and other debt collection actions.

Repossession Lawyer in New York

Getting into a financial bind can have unexpected consequences. In addition to repeated calls from debt collectors, you will be facing the possible repossession of your vehicle or other property. Price Law Group can review your debt situation and help you decide if bankruptcy is the best solution to your money problems. Our attorneys are experienced debt counselors committed to your rapid financial recovery.

One of the primary advantages to bankruptcy is the automatic stay that is issued after a petition has been filed. This is a court order that will:

Stop harassing calls from debt collectors
End any foreclosure actions
Stop repossessions
Discontinue garnishment of wages

Bankruptcy is one of several legal alternatives that help you get in control of your finances. Speak to one of our qualified attorneys today to get reliable advice on ways to eliminate debts and improve your financial condition.

Contact a New York Repossession Lawyer if you are behind on car payments to find out how to prevent your vehicle from being repossessed.