Have You Fallen Behind on Your Car Payments?
Many people who are struggling financially become concerned about repossession. If you have fallen behind on your car payment or know that you will not be able to make a future payment, you do not have to lose your vehicle.
Contact our Memphis bankruptcy lawyers at McElroy & Associates to find out how you can stop repossession. We have helped countless clients in Tennessee and Mississippi get the debt relief they need in order to keep their vehicles.
Bankruptcy Can Stop Repossession
If you are being threatened with repossession, filing for bankruptcy can allow you to keep your car. At McElroy & Associates, we know how important your vehicle is. Being able to travel to and from your place of employment is essential to getting out of debt.
When you file for bankruptcy, an automatic stay goes into effect, which can prevent your car or other personal items from being repossessed.
If your vehicle was already repossessed, the automatic stay can also force the lender to give you back your car. To find out how to avoid, stop or reverse repossession of your personal assets, consult with our knowledgeable attorneys in Memphis.
To learn more about stopping repossession, contact McElroy & Associates.
* We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.