Facing Repossession in Dallas?
Get Allmand Law Firm, PLLC on Your Side
More Americans are struggling to keep up with their car payments, even
as other economic indicators may appear to be on the rise. Some experts
are saying that the auto loan subprime bubble may be the latest to burst.
In 2014, data showed the rate of car repossessions had jumped 70% in the
second quarter. If you are in this situation, we encourage you to contact
Allmand Law Firm, PLLC to discuss your options.
complimentary case evaluation with Allmand Law Firm, PLLC to learn more about your options. We serve
clients throughout the Dallas / Fort Worth area.
About the Vehicle Repossession Laws in Texas
In the state of Texas, according to the Business & Commerce Code, the
"secured party has the right to claim possession of collateral upon
the default of a loan unless other agreements were made in a legal contract."
In other words, your vehicle can be repossessed if you stop making payments.
There does not have to be a court order.
You Only Have 10 Days to Take Action
After your vehicle is repossessed, you only have 10 days to take action
before the creditor is legally allowed to sell it. If you are in this
position, you should contact a bankruptcy attorney right away. We can
help you by filing the required papers.
Allmand Law Firm, PLLC is experienced in helping clients:
- Obtain "cram downs" on car loans
- Stop or prevent vehicle repossessions
- Design effective Chapter 13 payment plans
- Regain control of repossessed vehicles
Contact Our Dallas Bankruptcy Lawyer for Free
You can have confidence in the team at Allmand Law Firm, PLLC. We have
helped tens of thousands of clients over our nearly 15 years in practice.
Our lead counsel, Attorney Allmand, has a Superb Rating on Avvo and is
certified in Consumer Bankruptcy by the Texas Board of Legal Specialization.
You can rely on us during this difficult time.
Get in touch with Allmand Law Firm, PLLC today by calling (214) 238-9608.