Having your car repossessed is a sign that your financial situation is in need of guidance. Most people will struggle on their own with difficult financial situations that are overwhelming them until something like a repossession occurs. Once your car has been repossessed, you will likely have numerous questions.
What many people do not realize is that having your vehicle repossessed is not necessarily the end of dealing with your creditors. After your car has been repossessed, fees for towing, storage and auctioning will begin to accumulate. These fees will be added to what is called a deficiency.
If the amount that your car sells for is less than what the bank believes they are owed, they will sue you to recover the difference, which is known as a deficiency. This makes it all the more important that you secure the advice of a skilled attorney.
Auto Repossession Attorneys in San Diego & Orange County
At Boyd Contreras LLP, our Orange County & San Diego vehicle repossession attorneys understand what an impact having your car repossessed can have. We can help you understand the repossession process and what you need to do to be able to deal with the aftermath. Our auto repossession lawyers in San Diego & Orange County will help you understand how the bankruptcy process can help you face the challenges that follow a repossession.
What if I co-signed on a car?
For those who have co-signed on a vehicle, you are as responsible for any deficiency as the main signer on the loan.
Contact Our San Diego Auto Loan Debt Attorneys at Boyd Contreras LLP
Our attorneys help clients through out Southern California including these cities and counties:
- San Diego County
- Chula Vista
- El Cajon
- La Mesa
- La Jolla
- Orange County
- Irvine
- Santa Ana
- Newport Beach
- Laguna Beach
- And More
If you are facing the challenge of overwhelming debt, you need not face it alone. Our skilled bankruptcy lawyers can help you fully understand the process. We will dedicate ourselves to understanding and achieving your goals. That is our promise. For a free initial consultation with one of our lawyers, call 619-378-4033 to reach our San Diego & Irvine office or simply contact us online.
Pursuant to 11 U.S.C. section 528(a)(4) of the bankruptcy code, we are required to state: we are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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