Oakland Repossession Attorney
Best Bankruptcy Lawyer in Oakland - Call (510) 270-2782
If you have defaulted on a loan to a lender or creditor, you may be at
risk of repossession. While almost any item that you have purchased on
credit could potentially be repossessed, vehicles are some of the most
commonly repossessed items. In order to protect yourself and your rights
as a consumer, it is important that you speak with an attorney. At our
firm, we have an in-depth understanding of the laws as they pertain to
repossession and we may be able to help you as well. At Kostopoulos Law
Group - The Bankruptcy Firm, we are proud to offer experienced representation
and dedicated legal counsel to individuals looking to protect their property
or get their property back after repossession.
When you work with a
bankruptcy attorney in Oakland from our team, we will immediately begin to investigate
your situation. We will review with you the laws that govern consumer
rights and ensure that your rights were not violated in any manner during
the repossession process.
While it is technically legal for a lender or creditor to repossess a vehicle
even if you have defaulted by one day on your payment, they must also
send you and any cosigners on your loan a post-repossession notice. In
most situations, you will have the right to recover your vehicle if you
pay any past loan amounts and impound or storage fees associated with
the repossession. If no payments from you are obtained, the vehicle could
be sold at auction and used to repay the balance of the debt.
Your Rights as a Consumer
Under federal and state laws, your rights as a consumer are protected.
The Federal Trade Commission mandates and regulates the laws governing
consumers' rights, and if your rights have been violated in any manner,
Kostopoulos Law Group - The Bankruptcy Firm may be able to help you. When
your vehicle or any other property is repossessed, the repossession company
must operate fairly.
They are not allowed to enter private property without permission or enter
a locked storage or garage facility to repossess items. A vehicle cannot
be repossessed from you while you are driving, such as by having you pull
over, or involve law enforcement officers. Property cannot be damaged
in the repossession process, and repossession professionals may not threaten
you or make violent or physical contact with you.
Searching for a lawyer to fight repossession in Oakland?
Bankruptcy can protect your property in a few different ways. First and foremost,
bankruptcy places an automatic stay on all of your accounts. This means
that even if you have defaulted on a payment or loan, a vehicle or property
cannot be repossessed once a bankruptcy petition has been filed. If a
vehicle has been repossessed prior to you filing for bankruptcy, you may
be able to have your vehicle returned if you act quickly. Of course, each
situation is unique, and an attorney can provide you with more information
regarding your personal situation and what the best possible legal actions may be.
If you have questions or concerns about repossession and bankruptcy,
contact Kostopoulos Law Group - The Bankruptcy Firm today to speak with an experienced bankruptcy attorney in Oakland, we
would be happy to help - (510) 270-2782.