Are You Dealing with Repossessions or Garnishments?
At Owenby Law, P.A., our Jacksonville bankruptcy lawyers represent individuals who are facing repossession, garnishment, and levies. Whether you've fallen behind on your bills because of a loss of employment, a health crisis, divorce, or some other event, it's important that you don't delay in protecting your assets.
Your creditors may recognize the signs of insolvency and often attempt to move quickly before you can seek the protection of Chapter 7 or Chapter 13 bankruptcy. Repossession, levies, and wage garnishment are three of the techniques that lenders will use to recover funds that are owed to them.
If you're facing any of the following, our bankruptcy lawyers are able to offer protection from these somewhat extreme debt collection techniques through the automatic stay of bankruptcy:
- Repossession - If you financed the purchase of a piece of property, such as a car, boat, or a television, and defaulted on your loan, the company to which you owe your debt may legally seize that property. This is referred to as a repossession with most types of property and a foreclosure when it is real estate.
- Garnishment - When you default on your debts, your creditors' lawyers may file a petition through the courts to garnish you wages. When this happens, a substantial portion of your paycheck may be deducted by your employer and sent to your creditors.
- Levies - Certain types of debt, such as taxes or government fines, can be levied against real property that you own. If the property is sold, the levies must be deducted before you can collect the proceeds of the sale.
Call us at (904) 770-3141 to schedule a complimentary consultation!
Our Jacksonville Bankruptcy Attorneys Can Help You Seek Creditor Protection
Once one of our Jacksonville bankruptcy lawyers has filed bankruptcy through the United States Bankruptcy Court - Middle District of Florida, the judge will issue an automatic stay, which will prevent creditors from proceeding with any of the aforementioned collection instruments. For example, it is no longer possible for a lender to repossess your automobile or garnish your wages until the stay is lifted.
In addition to being able to file a Chapter 7 or Chapter 13 bankruptcy, we can represent you in credit negotiations with your creditors. Keep in mind, there is no legal requirement for a lender to repossess a car or petition for a levy. Our attorneys may be able to help you work out a repayment plan with your lender that avoids bankruptcy.
Turn to Owenby Law, P.A. During Your Financial Crisis
Let our professional debt counseling lawyers represent you in your time of financial crisis. Our experienced and knowledgeable bankruptcy and credit management attorneys of Owenby Law, P.A. have many tools and techniques with which to serve you as our client. We are here for you and your family.
To benefit from our years of experience, please contact us as soon as possible.
