Filing for bankruptcy invokes an automatic stay against creditors, including the bank or finance company that holds the note on your car. Under bankruptcy protection, lenders cannot repossess your car or hire a repo company to do so. They cannot harass you or take you to court.
If you default on your car loan, your car can be repossessed without notice. However, a bankruptcy can stop repossession and may even get your car back after repossession.
If you are facing repossession, you may have substantial debts and may be facing other creditor actions such as wage garnishment or foreclosure. We will sit down with you to discuss your debt relief options. Big Valley Law is experienced in helping clients file for bankruptcy protection.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.