Stop Repossession
STOP REPOSSESSION immediately using Chapter 13 Bankruptcy.
STOP REPOSSESSION immediately using Chapter 13 Bankruptcy. Whether your truck has ALREADY been repossessed or your car is in DANGER of repossession, the minute you file bankruptcy you STOP the repossession from going any further.
Get your Truck or Car back
As long as your truck as not been sold at an auction, we can typically get it returned to you in two days. If it is up for repossession, we can stop any future action immediately. In a chapter 13 bankruptcy, you can pay off the vehicle loan with a very low interest rate; and if your loan is old enough, we may be able to pay off vehicle only for what it is worth — not what you owe.
Chapter 13 bankruptcy also takes care of your unsecured debt like credit cards, personal loans and medical bills. You typically pay those creditors back at pennies on dollars. So when your plan is done, the truck title will be released and you will be debt free. If your car or truck has been repossessed, we can file an emergency bankruptcy case within one day, and we can typically have your vehicle returned within three days. Call Busby & Southward today at (713) 974-8099.
In our video above, we discuss how to stop a repossession utilizing chapter 13 bankruptcy.
Stop Repossession with Chapter 13 Bankruptcy
Of course you love your truck, but times are tough. You fell behind on the payments a little bit. The thing is is that you didn’t think you were that far behind, but as you’re heading out to work one morning, you walk outside. “OH NO” where is my truck? Now of course in the back of your mind you know what’s happened. Your truck has been repossessed.
But don’t despair. We can get your truck back. We get it back by using Chapter 13 bankruptcy. Bankruptcy stops repossession immediately in its tracks. By freezing your truck creditor, we can get your car returned to you as long as it’s not been sold at an auction. Because the minute you file a bankruptcy, it freezes the creditor.
This means something called an “automatic stay” goes into effect so the minute you file a case with the Court. It stops collections. It stops all repossessions. Of course it’s going to stop a future repossession because we will be notifying them that you filed bankruptcy and they cannot take any action. But it’s also going to force a creditor to return your car if it’s already been repossessed. (MAKE SURE YOU HAVE FULL COVERAGE INSURANCE).
The Power of Chapter 13 Bankruptcy
That’s the power of chapter 13 bankruptcy! It’s a repayment plan and what this means is that it will reorganize your debt and repay your debts, but it’s gonna be on your terms. In the repayment plan, you’re going to pay a bankruptcy trustee each month and out of those payments, the trustee is going to pay off your truck or car loan with a decent interest rate. If the car loan is old enough we can CRAM DOWN THE LOAN and that means you can pay only what the car is worth. Of course this can save you thousands of dollars. As mentioned earlier, the car is paid off at a reasonable interest rate, which currently is 5.25%. Obviously if you’re at 18% or 19% interest on your vehicle loan, this can save you thousands of dollars.
Now the good thing is that chapter 13 bankruptcy ALSO takes care of credit cards, personal loans and medical bills. Typically you will pay pennies on the dollar on the unsecured debt. So Chapter 13 is great because it NOT ONLY SAVES your vehicle from repossession it also gets rid of your unsecured debt.
Get your Vehicle returned now !
We can help you now. If your truck has ALREADY been repossessed, as long as it’s not been sold at an auction. We can file an EMERGENCY Chapter 13 bankruptcy in ONE DAY! We can typically get your vehicle returned to you in three days. Most repayment plan will go from three to five years. When that plan is done, then you’re going to be debt free and you’ll be getting the title to your vehicle.
We can STOP repossession immediately. If your vehicle has been repossessed; if it’s up for repossession; or if it’s in danger of repossession, please give Busby & Southward a call today at (713) 974-8099 or go to our website and schedule an appointment. In addition to in-person appointments, we are also virtual. We can do everything over the phone or through video conferencing. We can typically get a case filed within ONE DAY and we can typically get your vehicle returned THREE days after filing