Chicago Repossession Attorney
Worried Creditors Will Take Your Property? Take Action Today!
Are you worried about your lender
repossessing your vehicle because you missed a payment? If you are in financial trouble and need
answers right away, you can get help by contacting a Chicago bankruptcy
lawyer from Smith Ortiz, P.C. Ever since our law firm was founded years
ago, our genuine goal has been to help people going through financial
difficulties of all kinds. In fact, we have decidedly dedicated 100% of
our practice to
foreclosure defense. With more than 25 years of combined legal experience and strong backgrounds
in taxes and finance, our firm is well qualified to help you out of the
worst of fiscal worries.
The peace of mind you deserve is just a phone call away.
Dial (312) 945-7451 today.
Understand the Legality of Repossession
The act of repossession is a means for lenders to reclaim property without
having to go through court proceedings. By sidestepping the law in this
way, it is easy for "repo men" to actually commit violations,
either knowingly or inadvertently. For example, a repossession associate
cannot enter your garage to take back your car, as this would technically
be breaking and entering and committing a breach of peace.
Additionally, when repossession does occur legally, you have the right
to be informed of the impending sale. This allows you time to take any
necessary actions to attempt getting your vehicle back. With our repossession
attorneys at your side, you can start fighting for your property through:
Redemption: Paying off all or most of the car's original value
Auction: Bidding on your own repossessed vehicle in an open auction
Reinstatement: If you have paid more than 30% of the existing loan, you can reinstate
it and continue payments
Bankruptcy: Filing for the right kind of bankruptcy may cease all creditor actions
Bankruptcy Attorney in Chicago: Defending Your Rights
The more you understand the facts regarding your rights concerning repossession,
the better control you will have over your property. At
Smith Ortiz, P.C., we have made it our personal mission to help people out of financial
pitfalls and prepare them for the path ahead. Our services also include
the possibility of negotiating with your lender and getting them to restructure
your loan so that you can make those payments without the fear of repossession.
No matter the difficulties of your circumstances, our firm wants to do
all we can to help you through it.
Schedule a free consultation
with our compassionate team today.