Will I lose my car in Bankruptcy Attorney in Orlando, FL
Orlando, FL 32803-4734407-896-3077 Firm Website For: Will I lose my car in Bankruptcy Attorney in Orlando, FL
Will I lose my car in Bankruptcy Overview
If you are struggling with debt, you may be worried about the repossession of your car. At the Law Office of Paul L. Urich, we can help you protect your car and other assets through consumer bankruptcy. We practice consumer bankruptcy law exclusively, helping individuals in Orlando and throughout central Florida overcome seemingly insurmountable debt. Committed to client-oriented service, we have the experience and resources to help you protect what matters most to you.
How Can I Protect My Car With Bankruptcy?
When you file bankruptcy, an automatic stay goes into effect which prevents creditors from all collection activity, including repossession. This can give you time to consider your options such as:
- Protecting your car through bankruptcy exemption laws, which allow you to exempt property up to a certain value from the bankruptcy proceeding
- Negotiating with your lender to reaffirm the loan under more amenable lending terms once your bankruptcy is complete
If you have been current on your car payments in the past, most creditors are willing to allow you continued use of the car and to reaffirm your loan as long as you continue to make payments. However, this should not be expected from every creditor, so it is important to discuss your situation with an experienced attorney.
How We Can Help
At the Law Office of Paul L. Urich, we offer a free bankruptcy consultation to review your entire situation, going over details such as the current value of your car and the terms of your loan. We will then help you complete your bankruptcy petition. If necessary, we will also represent you in negotiating a reaffirmation agreement with your car loan lender.
If you are worried about the repossession of your car or other assets due to overwhelming debts, contact us at 407-896-3077 today to schedule your free consultation. We return all missed phone calls promptly.
Other Frequent Case Types
Read more about other types of cases we often handle.
Areas of Practice
- Will I Lose my Car in Bankruptcy
- Bankruptcy Law