How To Stop Car Repossession
At Kennel Zeigler LLC, we understand how important it is for you to have transportation to get to work, to pick up your kids from school and to perform other necessary tasks. That is why we do everything possible to help you avoid the repossession of your car or truck.
At our Dayton office, you have direct access to a lawyer who is board-certified in consumer bankruptcy law in Ohio, giving us keen insight into the various strategies available for helping you keep your property. We are familiar with all the possibilities for regaining a vehicle that has already been towed away or avoiding repossession altogether.
If You’re Current On Your Payments, All You Have To Do Is Sign A Paper
You won’t automatically lose your vehicle if you’re current on the payments when you file Chapter 7 bankruptcy. All you typically need to do is sign a reaffirmation agreement. This agreement essentially says that you will continue to make your scheduled car payments. It’s as simple as that.
If You’re Behind On Your Payments, You Still Have Options
In some cases, you may be able to buy the vehicle outright for its actual worth instead of the amount of the loan. In other cases, we may be able to help you negotiate with the lender to lower the interest rate.
Chapter 13 bankruptcy is a particularly useful tool for many people. With Chapter 13, you can set up an interest-free repayment plan that allows you to catch up on your payments over several years. This way, you find immediate bankruptcy relief and still have access to the vehicle you and your family need.
Learn More In A One-On-One Consultation
Past clients have said how much they appreciate our attentiveness to their concerns. We will take the time to make sure you understand exactly what’s going on, which will make the process much less stressful for you.
Call Kennel Zeigler LLC at 937-356-3735 or email us to set up a free, no-obligation consultation with one of our skilled attorneys. During the meeting, we will discuss your particular situation with you and help you understand your full range of options for keeping your vehicle.
*We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.