Will I Lose My Car?

Before moving forward with bankruptcy, most people want to know what property they will be able to keep and what they will have to give up. One piece of property that many people are concerned with is their car. Rarely do people have to give up their car. In fact, filing bankruptcy can stop repossession if your lender is threatening to take your car away. However, depending on your circumstances, your car may not be protected in bankruptcy.

Protect your rights, your family, and your future. Call Nardi & Nardi, P.A., now at 407-478-0074 or contact us by email. We will learn about your specific situation and help you determine if and how you can protect your car.

Do You Own Your Car?

Many factors go into determining whether your car is protected in bankruptcy. Do you own your car outright or are you financing the car? If you own the car outright, you may run the risk of having to give it up if it is worth more than Florida bankruptcy exemptions allow. However, if your spouse co-owns the car, it cannot be taken away if he or she is not filing bankruptcy with you. If you are leasing your car, it cannot be taken away.

We will take the time to understand your unique situation so that we can develop a customized and long-lasting solution that involves protecting your car, if possible.

Orlando Repossession Lawyers

Filing bankruptcy stops repossession actions. Our debt relief attorneys have over 20 years of experience in these matters. We will move quickly to see that the automatic stay goes into effect and stops your lender from attempting to take your car away.

Call us at 407-478-0074 today to speak directly with an experienced Orlando, Florida, lawyer or contact us by email to answer the question "Will I lose my car?"

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