Encino Repossession Lawyer

Repossession Attorneys Serving Clients Nationwide

Few things can be as depressing as having your car repossessed. At Price Law Group our Encino repossession attorneys can help. It is possible to get your car back if you act fast. You can also obtain compensation if the repossession agents breached the peace in retaking your vehicle. You are urged to contact a bankruptcy attorney for help.

What to Do When You Learn a Lender Intends to Repossess

In the usual contract for a car loan, there is a provision where you agree to let the lender repossess the car if you fail to make a payment. If you receive notice that they intend to repossess your car, your best action is to contact them and pay up. If you have experienced hardship and cannot make the payments at the level originally agreed to, it is possible to seek a modification of the original agreement. As your repo attorneys, we negotiate with the loan company to reduce your payments to what you can afford.

Breach of the Peace in Repossession Forbidden

Should the repo agents come to take the car, they may not cause a breach of the peace. This means they may not take it over your objections. They cannot use force and certainly may not haul it away with you in it. This happened once and the lender had to pay damages of $1,200,000!

We Can Still Help You After Repossession!

Once they take the car, you have a short time to reclaim the car. Our repossession attorneys in Encino can help you with this action. It is often necessary to pay off the entire loan but we can negotiate for you to be able to "cure" the default by a satisfactory payment and commitment to resume payments faithfully.

After repossession, a sale is usually set within 10 or more days. At the sale, the car is auctioned. The loan company is likely then to sue you for a deficiency judgment for the amount of the outstanding loan plus repossession costs less the money recouped in the sale. Reach out to a repo attorney near you to defend against this suit and counterclaim for damages for any breach of the peace that occurred in the repossession.

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Contact a skilled repo attorney near you at Price Law Group in Encino for help fighting repossession. Contact us online or call (866) 210-1722. Se Habla Español.

For more information call us at 866-210-1722 or fill out the form below.

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