Hiram, GA Bankruptcy Attorney

Have you fallen behind on payments to your creditors? Are you worried that your creditors are going to repossess your car? When you fall behind on your payments, creditors have the right to repossess what they are owed. However, there are ways to prevent them from doing so. In Georgia, if you file for bankruptcy, you can stop repossession from occurring. If you have fallen behind on payments and you are fearful that your car may be repossessed, it is best to consult a Hiram bankruptcy attorney. AtCohen Law Office, LLC, we understand that the possibility of having your car repossessed is extremely stressful. For many individuals in Atlanta, having a car is essential for day-to-day tasks. We do not want you to lose your car. We want you to regain financial control of your life, and we are here to help you.

How Can I Prevent Repossession in Atlanta?

In Georgia, filing Chapter 7 bankruptcy can temporarily stop repossession until you come up with a plan address your financial situation. This will give you some breathing room and time to figure out what your next step is going to be. An Atlanta repossession lawyer can provide you with more information regarding Chapter 7 bankruptcy. Filing Chapter 13 bankruptcy in Georgia allows you to consolidate your debts and reorganize them into a monthly payment. Chapter 13 bankruptcy can also prevent repossession of your car.  Chapter 7 and Chapter 13 bankruptcy activate the automatic stay. The automatic stay is an automatic injunction that halts actions by creditors. Therefore, whether you file Chapter 7 or Chapter 13 bankruptcy, the automatic stay will prevent repossession.

Stop Repossession

Bankruptcy is the best option for many individuals in Marietta who want to stop creditors from repossessing their car. Having your car repossessed can keep you from taking your children to school, going to work, getting groceries, and many other essential tasks. Do not let yourself get into this very stressful situation. Filing for bankruptcy will activate the automatic stay and the stay will automatically stop repossession. Sometimes filing for bankruptcy is the most responsible decision a debtor can make. Contact a Hiram bankruptcy lawyer today and keep creditors away from your possessions.