Stopping Repossessions: Bankruptcy Can Help

You fall behind on your debts, and now your lenders want to repossess everything you own. You risk losing your car or even tools you to work. Is everything you have worked so hard for about to come crashing down just because you missed a few monthly payments?

At the law firm of Kenneth C. Rannick, P.C., in Chattanooga, Tennessee, we have years of experience sorting out cases just like yours, and we can show you all of the options you have to stop repossessions. One of your rights as an American is to consider bankruptcy, and our bankruptcy attorneys have filed more than 14,000 cases. You may feel there is nowhere to turn, but we have the experience and expertise you need.

How Bankruptcy Works

Both Chapter 13 bankruptcy and Chapter 7 bankruptcy contain an automatic stay that will stop your creditors from repossessing your property, including:

  • Cars
  • Recreational vehicles
  • Campers
  • Motorcycles
  • Boats
  • Appliances
  • Furniture
  • Tools
  • Business property
  • Rent to own purchases

If you act quickly enough, you can get back property that has already been taken from you. You will still have to get caught up on payments if you want to keep the property. However, by discharging other types of debt such as credit card bills in bankruptcy, you may be able to keep up payments on the property you want to keep.

Learn How To Stop Repossessions

We have a friendly staff, and we are empathetic and compassionate. We'll fight for you when you need it most. To set up a free consultation with an experienced bankruptcy lawyer, contact us online or give us a call at 423-954-7180.