Repossession

Stop Car Repossession in Central Florida

Have you fallen behind on car or truck payments? Have you received letters and phone calls threatening repossession of your vehicle? The Law Offices of K. Hunter Goff, P.A., can stop repossession of your car, help you get current on your loan payments and show you the way to a fresh start on your finances. This can all be achieved by filing for Chapter 7 or Chapter 13 bankruptcy.

Attorney Hunter Goff would like to help you. Please contact our firm to arrange your consultation and learn how we can help save your car or truck from repossession.

What happens if my car is repossessed?

Most people do not realize what happens after a car has been repossessed. After the car is repossessed, it is sold. If the sale price is not enough to cover the balance owed, you will be responsible for the remainder of the balance. This "deficiency balance" applies to cars, trucks and recreational items such as boats and RVs. Through Chapter 7 bankruptcy, we can eliminate your liability for the balance owed.

Making car loan payments over a three-to five-year period

By filing Chapter 13 bankruptcy, your past due car payments will be consolidated and you can pay this off in a three-to five-year time frame. Chapter 13 is designed for wage earners who would like to get up to date on payments and get a fresh start on their finances.

Depending on your situation, you may be able to reduce the interest rate on your current car payment or restructure your existing loan to make the payments more affordable for you. During you free evaluation, Hunter will advise you how he can help you lower your monthly payments on your debt and get you into a comfortable payment plan.