Do You Recognize the Three Warning Signs that Your Car is going to be Repossessed

Car Repo

It is a difficult time for Florida workers with the loss of jobs in the construction industry, real estate and customer service. You’ve gotten behind in the payment of your car payment and you have begun receiving the harassing phone calls. We know having a car in Florida is crucial to keeping and getting a job.

The three warning signs that your car may be repossessed include:

  1. You are at least one month behind in your car payment.
  2. Being upside down on your auto loan, owing more on your car than it is worth.
  3. The auto-financing company threatened to repossess your car.

If you answered yes to these questions, I am sure you are having more financial problems than just your vehicle. You have probably overdrawn your checking account, maxed out your credit cards and even dipped into savings or borrowed money from your friends to pay your bills.

It’s time to stop procrastinating and take steps not only to keep your vehicle, but to get a fresh financial start.

A bankruptcy may be the answer to your problems allowing you to regain control of your life, stop annoying phone calls and restructure you car debt to a Chapter 13 bankruptcy plan. You might also have to give back the car and find a different set of wheels.

The most important thing for you to do is to take action and get free advice about the benefits of for filing bankruptcy. Contact us today so we can give you an overview of your financial situation.

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