There’s no worse feeling than opening up the mail to find that lack of payment to a creditor is resulting in repossession. This is a particularly difficult time for anyone, and it is common to feel as though there is no way to get out of the financial rut. However, with the help of an experienced attorney, it is entirely possible to stop repossession in Maryland Heights. But, what exactly does an attorney have to do with repossession?
Experienced attorneys who have dealt with clients who have had financial issues know that bankruptcy declaration can help to stop repossession. While this may not be an ideal option for all individuals, the automatic stay process ensures that a creditor does not proceed with their plan to take back your item of value. An attorney can work with a client to determine if filing for Chapter 7 or Chapter 13 bankruptcy is right for them, how to initiate and complete the process of filing and what it means for their financial future.
How soon should I contact an attorney once notified of intent to repossess? Immediately! The longer that you wait to contact a lawyer from the time that you are notified of a delinquency or repossession, the less likely it is to stop such repossession. Teague & Associates, LLC should be the first call you make.
Are you desperately searching for a way to stop repossession in Maryland Heights? Let Teague & Associates, LLC help you find the best answer to solving this stressful problem and get your financial situation on the up and up. Pick up the phone and call (314) 899-4499 to get the assistance you need!