Repossession
Mesa Repossession Lawyer
Avoiding Repossession in Mesa, Arizona
Stop repossession in Mesa, Arizona. Have you been threatened with repossession of your vehicle or other personal property? Has it already been repossessed? Immediate action must be taken as the repo man isn’t playing games and will come to your home or work and hook your vehicle and repossess it for the creditor that you owe. If you default on your car payments, the creditor has the right to repossess the car. The car is then sold. If there is a difference between the amount the creditor received and the amount that was originally owed they may pursue you for a deficiency judgment which essentially means that they will demand that you pay the difference between the price at auction and the loan amount.
There are many benefits of filing for bankruptcy, one of which is stopping the repossession of your motor vehicle or other property. This is accomplished by court order as soon as your petition for bankruptcy is filed. Depending on whether you qualify, you may be able to file for either Chapter 7 bankruptcy or Chapter 13 bankruptcy. There are vast differences between the two most popular chapters of bankruptcy. (chapter 13 and Chapter 7) The experienced Mesa bankruptcy lawyers at My AZ Lawyers can assist you to make an informed decision as to which chapter of bankruptcy you should file and how filing for bankruptcy can save your vehicle or property from repossession.
Repossession Attorneys in Mesa, Arizona
If you have a vehicle repossessed, it can be very detrimental to your life, your ability to pick up the kids from school, the ability to get groceries, and the ability to make a living. A vehicle repossession can make financial matters even worse; without the ability to get to work you have no income which means your debts will continue to mount. One of the ways to end this vicious cycle would be to file chapter 7 or chapter 13 bankruptcy in Mesa, AZ. Our dedicated Mesa bankruptcy lawyers can help you determine if filing for bankruptcy protection is the right choice for your current financial situation. Our Mesa bankruptcy law firm has helped hundreds of individuals and families in Mesa and throughout Arizona successfully resolve their bankruptcy and repossession cases and would like to offer the same help to you.
Contact our Mesa, Arizona bankruptcy law office today. Our experienced bankruptcy attorneys will administer a free debt evaluation and free bankruptcy consultation. Let our debt relief experts analyze your financial situation and give you the real answers. Don’t let the repo man get the best of you, contact our Mesa bankruptcy law office today and learn how to stop repossession in Mesa, Arizona.