How To Keep Your Car, Your House And Other Valuable Possessions Through Bankruptcy
If your debt has gotten out of control, your car payments, mortgage and debts on other important things that you use all the time may be behind. Once your car loan is in default, you naturally worry about the possibility that it will be repossessed. Repossession of your car, for example, would likely mean several things:
- You would have lost all payments made to date with nothing to show for them.
- You would no longer have the car that you need to get to work, go shopping and take care of your family.
- Your credit would be damaged. It will likely be difficult or impossible to get a loan for another car in the foreseeable future.
No wonder the thought of repossession of your car is so upsetting. Your troubled car loan is no doubt a symptom of larger financial problems. Losing your mode of transportation at a time when you need to be making more money, not less, is definitely something to avoid.
Whatever financial troubles have brought you to this point, Law Offices of Bill F. Payne, P.C., can offer a ray of light on your path. We help clients consider debt relief options and implement the right solutions.
For many of our clients, business or personal bankruptcy offers the most promising path forward — and a way to keep most or all personal assets. This may be accomplished by claiming the correct exemptions and/or restructuring debts to allow repayment of unpaid portions of your home loan and other secured debts such as your auto loan affordably over several years at little or no interest.
We Are Here For You
Law Offices of Bill F. Payne, P.C. has offered hope to thousands of clients over Mr. Payne’s decades of law practice. Schedule a no-obligation consultation about your debt relief needs by calling 972-848-0155 or completing our online inquiry form.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.