Posts Tagged ‘prevent repossession’
Declare Chapter 13 Bankruptcy To Help With The Economic Downturn (Coronavirus)
Declare Chapter 13 Bankruptcy To Help With The Economic Downturn (Coronavirus)
1) Create A More Manageable Debt Repayment Plan
2) Stop Foreclosure
3) Prevent Repossession
4) Stop Collection Efforts / Wage Garnishment
5) Discharge Unsecured Debts
Chapter 13 Bankruptcy Will Prevent Repossession Of Your Vehicle
Chapter 13 will prevent your vehicle from being repossessed. As soon as you file a Chapter 13 you get the benefit of the “Automatic Stay” which is a mechanism created by the Law that immediately stops all collection efforts.
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