Stop Your Repossession Now!

Our Bellevue repossession attorneys can help you keep your vehicle with Chapter 7 and Chapter 13 bankruptcy protection.

If you stop making payments on your vehicle, sooner or later it’s going to get repossessed. Most people maintain car payments after already falling behind on other debt, like credit cards, so if you’re at risk of having your vehicle repossessed, it’s probably past time to start thinking about bankruptcy to stop your repossession now.

What will you do if your car is repossessed? How will you get to work or run daily errands? If you have kids, who will pick them up from school? You will undoubtedly feel embarrassed if your vehicle is repossessed, but that’s the least of your concerns.

If you’re worried that filing for bankruptcy will cause you to lose your car, you may be surprised to find out the truth. Our Bellevue repossession lawyers can help you take steps to avoid losing your car to repossession, and maintain ownership after your bankruptcy is finalized. Bankruptcy was created to help people just like you get back on their feet financially, which would be impossible for many if they lost their only mode of transportation in the process.

Whether it is through a Chapter 7 bankruptcy or a Chapter 13 bankruptcy, both are highly effective at stopping repossession actions. To find out how you can stop your repossession now, contact our law office for a free consultation with one of our knowledgeable repo debt lawyers. The second you file for bankruptcy, all repossessions immediately stop, which may just provide you with enough time to develop a comprehensive plan for a fresh financial start.

Bankruptcy allows you to stop vehicle repossession now.

• It’s legal for a loan company to repossess a vehicle if they don’t breach the peace or remove it from a locked garage.
• Repossessed vehicles are sold at auction, but the borrower is required to pay any remaining balance.
• When you file for bankruptcy, all repossessions must stop and the state discharges any current loan deficiency.
• Chapter 7 may afford you enough time to catch up on car payments, but Chapter 13 offers a more long-term solution for many car owners.

If you want to stop your repossession now, filing for bankruptcy is your best, and possibly only, option. Even if your vehicle is repossessed after you declare bankruptcy, the creditor must return it. If you need your car to get to work and function in life, filing for bankruptcy may be extremely beneficial.

If you miss a couple of car payments, getting caught up may be impossible. At a certain point, the lender is going to give up trying to collect and simply repossess your car. This usually happens without any warning. You may walk into a grocery store with your kids in tow, and when you walk out your car is gone. There are situations where your Bellevue bankruptcy lawyer can get your car back from the lender, but there are no guarantees. You may also discover that your car is now damaged or missing personal property that was stored within. If you would like to stop your repossession now, contact one of our Bellevue repossession attorneys for a free consultation.

Bellevue, Washington, automobile repossession, and you.

If you live in Bellevue, you’re a short drive from Downtown Seattle and countless outdoor recreational opportunities. However, you can only enjoy these things if you have some means of transportation. For most people living in Bellevue, owning a car is essential. If you’re behind on auto loan payments and worried that your vehicle may be repossessed, check out this link from the Washington State Office of the Attorney General about repossessions.

 If you want to stop the threat of repossession, you need to petition the U.S. Bankruptcy Court for Washington’s Western District. This link to their website covers information regarding the repossessions in regard to Chapter 7 bankruptcy and Chapter 13 bankruptcy. If you would like to fully explore your options, simply contact one of our repo debt lawyers in King County for more detailed information.

Understanding repossessions with help from our Bellevue bankruptcy attorneys.

Chapter 7 bankruptcy helps many people retain ownership of their car, but it’s not perfect for every situation. Sometimes enough money is freed up from other debt to allow the debtor to get caught up with payments. If you’re vehicle was already repossessed, you may be able to get your car back if you sign a reaffirmation agreement. However, you need to take a hard look at your entire financial situation before making this commitment, just to be sure it’s in your best interests.

Chapter 13 bankruptcy makes it possible to consolidate debt into affordable monthly payments. This makes it quite a bit easier to get caught up with payments or have your car returned if it’s already been repossessed. Your Bellevue bankruptcy lawyer may also be able to get the amount you owe on your car reduced, so be sure to discuss this possibility.

Protect all property from repossession with help from our King County bankruptcy attorneys.

Even high-value items like furniture and appliances are usually safe from repossession because it often costs creditors more money to retrieve them than it’s worth. If you’re wondering whether you can prevent your car from being repossessed, contact one of our Bellevue repossession lawyers for a free consultation and learn about our low flat fees. We will put our extensive experience to work for you.

(425) 953-4061