Rome Attorneys for Repossession
Experienced Rome Bankruptcy Lawyers with Committed to Repossession Defense
Falling behind on car payments can leave you vulnerable to repossession. Bournakis and Mitchell, P.C. provides compassionate and diligent legal services for cases dealing with repossession of vehicles and other property items. Call us at (706) 295-7376 today to speak with a knowledgeable Rome bankruptcy attorney
Dedicated Legal Advice for Repossession Cases
If you sign a loan agreement and use certain property as collateral for the loan, that property can become subject to repossession if you fail to honor the loan agreement. When making a large purchase like a car, people often take out a loan and enter into a contract with a lender to make regular payments until the loan is paid off. Sometimes, however, life situations such as health issues, divorce, loss of a job, or other unexpected problems can lead to financial strain and make you unable to pay your debts. While the majority of repossessions in Georgia deal with cars or trucks, other property items may be vulnerable if they are encumbered with a loan.
We can handle car repossessions, unfair debt collection practices, debt collector harassment, the Fair Debt Collection Practices Act, defending credit card and student loan lawsuits, inaccurate credit reporting, class actions, and auto dealer fraud.
Common property items subject to repossession:
Repossession also may apply to personal property items, including TVs, appliances, jewelry, and furniture. If you fall behind on loan payments and fail to uphold the contract terms, the lender has the legal right to repossess your property. With the legal assistance of a Northwest Georgia bankruptcy lawyer from Bournakis and Mitchell, P.C., you can get quality legal advice and explore your options to help avoid repossession.
Georgia Law Regarding Repossession
Georgia repossession laws ensure that agents may not enter your home uninvited or use any form of violence to repossess your property. Repossession agents, however, do not need to notify you prior to repossessing your vehicle. This means that they may come at any time and legally take it away.
By filing for bankruptcy, you can initiate an active stay, which temporarily prevents agents from repossessing your property and gives you extra time to figure out a solution to deal with your debts. Active stay also prevents creditors from harassing you through phone calls or emails. Our experienced Northwest Georgia bankruptcy attorneys can help you file bankruptcy and seek a positive solution for your case.