Few things can be as depressing as having your car repossessed. At Striffler Law we can help. It is possible to get your car back if you act fast.
If a lawsuit has been filed against you - you need to act fast. In Massachusetts, you only have 20 days to file an answer or a judgment may be entered against you.
Make sure to save all documents you receive relating to the car and the repossession and if you had documents about the purchase of the car in the glove compartment, make sure to retrieve them.
If you have already been sued after repossession, do not ignore the lawsuit! Seek out a consumer attorney immediately, well before the 20 day deadline to answer the complaint passes, or you might lose your legal rights.
Don't assume you have no defenses, because many lenders have sent out a defective pre and post-repossession notices and can’t collect any money from you.
Give us a call to determine if your pre or post-repossession notices were defective, or if you have other defenses.
Filing for Chapter 13 Bankruptcy protection is a powerful tool if your car has been repossessed and you do not have the money to pay the bank or to eliminate a deficiency balance.
If your vehicle was repossessed and has not yet been sold, you may be entitled to get your car back. Once you file for Chapter 13 bankruptcy protection your lender must return the vehicle to you - immediately!
As part of your Chapter 13 reorganization plan, you may also be able to reduce the interest rate and/or "cram down" to reduce the balance of your loan to the value of the vehicle and take up to 5-years to pay off the new balance regardless of how much you owe on the loan.
In Massachusetts, many vehicle repossessions are performed unlawfully. Banks and repo companys frequently break the law before, after, and during the repossession process. Massachusetts has powerful laws that protect consumers if their rights have been violated.
Help is just a phone call away. Feel free to contact me for a free telephone consultation at (617) 290-1573.
Copyright 2018, Steven R. Striffler, Esq. All Rights reserved.
Material presented on this website is intended for information purposes only. It is not intended as professional advice and should not be construed as such.
This Law Firm is a federally designated debt relief agency. We help people file for bankruptcy protection.