Call Now
(916) 780-7005
Click Here
Free Case Analysis
MENU
  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Reclaiming Your Repossessed Vehicle Through Bankruptcy

Losing your vehicle to a lender can hurt. The good news is that even if your car has been repossessed, there is a chance you might be able to get it back through bankruptcy. However, timing is very important.

The Process

If a lender is to repossess your car, they have to do it legally. In California, this means that they are required to give you a series of notices. The first notice is called a Notice of Seizure. In general, they must get this to you within 48 hours after they seize your vehicle. It will include the contact information of the car’s owner and the repossession agency. The second notice entails the repossession agency telling you they intend to sell your vehicle 15 days before they do. After receiving this, you have the legal right to request a 10 day extension. This will give you more time to file bankruptcy and get your car back.

If you repay all of the overdue payments, your lender is legally required to reinstate your loan. However, they are only required to do so twice over the life of the loan or once in a 12 month period. If you aren’t able to pay back your overdue payments, filing a Chapter 13 bankruptcy may help, but you will have to move quickly because once the car is sold, there’s no getting it back.

If you file Chapter 7 bankruptcy, you’ll still have a chance to get your vehicle back, but you’ll still be responsible for any past due payments.

If you file Chapter 13 bankruptcy before the car is sold, the court will put an automatic stay on the sale of your vehicle. The lender won’t be able to sell the car until that stay is lifted. Shortly after filing your Chapter 13 bankruptcy, the repossession agency will most likely return the vehicle. After filing, you’ll have to make sure to stay on track with your Chapter 13 bankruptcy plan to avoid further problems with your lender.

If your vehicle has been repossessed, act quickly by calling your local Yuba City bankruptcy attorney at (530) 797-4402 for a chance to get it back.

Categorized in: