If you live in Texas, you know that there is a lot of miles to cover on a daily commute. Working in any one of the major Texas cities means you have a need for a vehicle. Vehicle repossession is a threat if you have gotten behind on your car or truck payments. You don’t have to lose your only means to getting around. There is a solution for protecting your car or truck.
If you are behind on your vehicle payment you have probably been contacted by your lender. Letters and harassing collection calls are common when lenders want their payment. Filing for bankruptcy can put a halt to all collection actions and repossession. Once a bankruptcy stops a lender from collections, you can work out a repayment plan to resolve your missed payments and fees. This is typically done in a chapter 13 bankruptcy case.
Even if your vehicle has already been repossessed you may still have options. As long as the lender has not sold your vehicle after a repossession (which normally cannot occur for at least 10 days after repossession), the bankruptcy process can get your car back. You can develop a plan to make your vehicle payments, and continue to have transportation. All is not lost if your vehicle has been repossessed. In order to get your vehicle back, you will need to have proof of full insurance coverage and qualify to file a chapter 13 bankruptcy case.
Contact Our Bankruptcy Lawyers
Baker & Associates is a team of board certified bankruptcy attorneys experienced in all aspects of debt relief and vehicle repossession protection. Having personally handled over 5,000 consumer bankruptcy cases, we can help you successfully navigate the Chapter 13 process to get your car back. We can stop your collections and protect your assets!