The Bankruptcy Law Center
Law Office of Don Provencio, PA
Albuquerque, NM

The Bankruptcy Law Center - 505-242-STOP (7867)

A car loan is a secured debt. Falling behind on car payments can start with late fees. Not correcting the situation can lead to threats of repossession. Chapter 13 bankruptcy may be the best option you have to prevent repossession or to get your car back if you take action in time. If you have possession of your vehicle then the Bankruptcy Laws sometimes allow you to keep possession of the vehicle even if your payments are delinquent. The Bankruptcy Laws also sometimes allow you to rewrite the loan by forcing the Creditor to accept the fair market value of the vehicle, not the full amount of the debt, and the interest rate can be reduced to the current market rate of regular vehicle loans. This economic decision needs to be made with the help of an experienced and knowledgeable bankruptcy attorney.

Options Exist To Stop Repossession Of Your Car
Whether you are facing repossession of your vehicle or your car or truck has already been repossessed, you need to contact my law office as soon as possible. I will help you assert your rights and I will dedicate my resources to fighting for the best outcome. I help people understand the bankruptcy process and I have helped many Clients stop the repossession of their vehicle or forced Creditors to rewrite a vehicle loan which has been seriously delinquent. I'm not here to judge you, but, I am here to help you.

Bad things can happen to good people. A layoff, divorce or medical condition can make a stable financial situation very unstable. Banks and corporations use the bankruptcy laws to their benefit all the time. You can do the same. I am prepared to guide you through the entire process and provide you with the information you need to save a valuable asset.