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Memphis Bankruptcy Lawyer
Company Name
Main Industry
Law Firms & Legal Services
Website
www.memphisbankruptcylawyer.netBankruptcy is a powerful tool that can put an immediate stop to repossession the moment you file. If your car or truck has already been repossessed, filing bankruptcy stops the dealer from reselling it, and you may be able to get it back through the bankruptcy court. What happens after you have stopped repossession by filing bankruptcy depends on your specific circumstances and the bankruptcy chap ter under which you file. Chapter 13 bankruptcy allows you to put your late payments on a repayment plan without interest or penalties. If your loan is more than 910 days old, it may also be possible to cram down what you owe to reflect the current value of the vehicle. Chapter 7 bankruptcy may buy you time to catch up with your payments and may also allow you to refinance your auto loan on better terms with a new lender. If you cannot afford to keep your car in the long run, the bankruptcy process may allow you to walk away from it without your lender getting a deficiency judgment against you. Every case is unique, and filing bankruptcy is an important decision that should not be taken lightly. To get personalized advice on your auto repossession case from an experienced Tennessee bankruptcy lawyer, don't hesitate to contact me. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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Bilsky Steven
Steven Bilsky
Steve Bilsky
Bankruptcy
Headquarters
$1.4 M
6
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Steve Bilsky Attorney | Reveal for Free |
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