How We Can Help You Keep Your Car In Bankruptcy
One of the worst things about being in serious debt is not being able to pay your bills. If you have a car loan, eventually you will be threatened with repossession. Then it becomes a vicious cycle of needing to work to pay your bills, but not being able to work if you do not have a car.
Creditors are unsympathetic about your livelihood; all they care about is getting paid. “How can I save my car?” is one of the more common questions our bankruptcy attorneys are asked. Fortunately, it is possible to keep your car. The attorneys at Levitt & Slafkes, P.C., understand the stress and uncertainty you face. We will guide you through the bankruptcy process.
Taking Necessary Steps To Save Your Car
Filing for bankruptcy puts an automatic stay in place. This prevents creditors from pursuing payment for debts as soon as they receive notice of your filing. An automatic stay also stops lenders from repossessing your property, including your car.
Once you have filed for bankruptcy, if you want to keep your car and continue to pay the loan, you can reaffirm that debt with the lender. Our lawyers can help you with this process and make sure the arrangement is fair to you. It is important that you get the automatic stay in place as soon as you find out that your car is in danger of repossession. Acting quickly can save a lot of trouble. Our attorneys will guide you every step of the way.
We Use Our Experience To Help You, So Call Now
In more than 30 years of practice, Levitt & Slafkes, P.C., in Maplewood, New Jersey, has helped thousands of people. Our attorneys serve clients throughout New Jersey. These are people who need debt relief, want to fight foreclosure or seek a better solution to their debt problems. We look at your specific financial situation and work with you to resolve it. Please contact our office to schedule a free initial consultation. You can reach us by filling out our online form or by calling 973-313-1200.