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BANKRUPTCY & DEBT RELIEF

ILLINOIS BANKRUPTCY & DEBT RELIEF

Car Repossession & Bankruptcy in Illinois

Your car matters. So do the details of the loan and the timing of collection.

Before or after a repossession, timing matters

Tell the attorney whether repossession is threatened, has occurred, or has been followed by a sale notice. Bring every document. Bankruptcy does not guarantee that a vehicle can be kept or recovered.

Prepare the vehicle information

Bring the purchase contract, lender, loan balance, arrears, payment amount, insurance, and approximate value. Identify co-signers and ownership. Explain whether the vehicle is necessary for work or household responsibilities.

Consider the ongoing payment

A useful review looks beyond stopping an immediate action. Discuss the affordability of keeping the vehicle, alternatives, and how the loan may be treated in a particular chapter.

Compare bankruptcy chapters and arrange a consultation to discuss the vehicle before deciding what to do.

Further reading

General information; application depends on your circumstances. Ask an attorney before acting on a legal deadline.

LET’S TALK THROUGH IT

Start with a free consultation.

Meet with Gerald Bauer Jr. by Zoom or telephone.

Helpful next steps

YOUR NEXT CHAPTER STARTS WITH A CONVERSATION

Let’s make a plan
for what comes next.

Talk directly with Gerald Bauer Jr. about your options. Request a free consultation by Zoom or telephone.

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BANKRUPTCY & DEBT RELIEF

Bauer Law, LLC
400 N. Schmidt Rd.
Bolingbrook, IL 60440

Consultations by Zoom or telephone.

Attorney advertising. General information only; this website does not provide advice about an individual case. Contacting the firm does not create an attorney-client relationship. Results depend on the facts and applicable law. We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.

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