repossession attorney near me
While many assets can be subject to repossession, most of our clients are dealing with automobile repossession. Auto repossession is a challenging predicament since it can affect your independence and ability to maintain an income. This is why you should enlist the help of a repossession attorney near you at Mack & Associates, LLC, an experienced law firm serving Topeka and surrounding Eastern Kansas regions.
How Repossession Works
When you have financing for a vehicle, the vehicle is considered collateral by the bank issuing the loan. The tangible asset at stake, the vehicle, makes this a secured loan. In other situations, people may have a title loan against the vehicle through a payday loan or title-loan company. When you miss payments or the payments are short, the financial institution can take a few different steps, and the ultimate one is repossession of the collateral. Some institutions will work with you to establish a payment plan, but you cannot assume that your loan provider will give you any leniency.
Meet Mack & Associates, LLC
Mack & Associates, LLC is a firm of attorneys dedicated to advocating for our clients. Our experience in repossession and bankruptcy law allows us to provide the best guidance for individual circumstances throughout Eastern Kansas. We value responsiveness, efficiency, and creating a personalized experience for every client.
How a Repossession Attorney Can Help
Bankruptcy is a powerful tool for shielding your vehicle from repossession. It immediately invokes an automatic stay, meaning that as soon as you have your bankruptcy petition they cannot repossess your vehicle. If your vehicle has already been repossessed, you have some options that may be costly. A qualified Kansas repossession attorney can help you find the best financial solution for you.
Find a Repossession Solution for You
To learn more about repossession and how you can stop it, try out our “Do I have a case?” tool. A Mack & Associates, LLC repossession attorney near you can analyze your individual situation and find the best options for you.