How to Stop Auto Repossessions in Colorado
If you’re behind in your automotive loan payments, you might be facing an auto repossession. Ignoring the problem won’t make it go away. It will make it worse.
Before you know it, your car will be missing because the repo man took it away.
After your car is repossessed, the lender will sell your car at auction. If the car sells for less than you owe, they will sue you for the difference. If you ignore the lawsuit or lose the case, a judgment will be taken against you for the amount you owe. You will then be forced to pay that amount or have your wages or bank account garnished.
Don’t let this happen to you.
The state of Colorado gives you legal rights to improve your debt situation and possibly prevent an auto repossession. If you aren’t able to work out a repayment plan with your lender, you may need to consider a Chapter 13 or Chapter 7 bankruptcy filing.
How Chapter 13 Can Stop Auto Repossession in Colorado
A Chapter 13 bankruptcy filing in Colorado prohibits auto lenders from repossessing your car or truck. Even if you signed loan payments that state you will not file bankruptcy, Chapter 13 protects you.
In the state of Colorado, no contract overrides your legal right to Chapter 13 bankruptcy protection. You do not need your auto lender’s permission to file. You need a judge’s signature.
I can help you get the judge’s signature on a Chapter 13 bankruptcy filing, but we need to start now. You need to get your paperwork in order and contact me today for a free consultation.
If Your Car Has Been Repossessed, You Need a Lawyer Now!
If your car has already been repossessed, it is very important that you take action now. You need to hire a qualified lawyer and get a Chapter 13 bankruptcy case number asap. If you do this within 10 days of the repossession, we might be able to get your car back.
Once we have your Chapter 13 case number, your lender will be not be able to sell your car or sue you. If your car has been repossessed, call me at at 720-605-4347 or click here to schedule a FREE consultation with me. I’ll look at your situation and analyze your finances. We will discuss your best options for getting back on the right path and getting a fresh start toward financial freedom.