Getting Your Car Back
If the vehicle has been repossessed very recently, the debtor may be able to recover the vehicle through the bankruptcy process. By filing Chapter 13 Bankruptcy prior to the sale, the debtor can often stop the lender from selling the vehicle at auction. In a Chapter 13 case, the debtor can propose to keep the vehicle while being allowed to repay the default amount through the bankruptcy plan.
If you have questions about your options in the case of a vehicle repossession, call us for a free consultation.