Keeping Your House and Car After Bankruptcy
If your debts are getting out of control, you may worry about losing your home to foreclosure or your car to the creditors. Losing control of essential assets is terrifying. Depending on your situation, filing for bankruptcy may allow you to keep your home and car.
Whatever your situation, there is help available. At the Moller Law Group, we work with clients throughout Colorado Springs and Teller County to determine what will happen with their assets after filing bankruptcy. We are committed to helping our clients succeed, and we will give them the information and representation they need throughout the process. Schedule your appointment with our lawyer by contacting us online or by calling 719-694-1284.
Foreclosure and Vehicle Repossession
At the most basic level, we determine if clients are able to keep their home and car by looking how much they owe versus the asset's worth. If you owe more than the house or car is worth, you may be able to keep it; however, even if you are able to keep your home or car by the guidelines, it may be in your best interest not to.
Sometimes, letting your house go to foreclosure or giving your vehicle up for repossession can help you rebuild your cash flow. We want to set our clients up for success. We never dictate what our clients should do, but you can count on us for an honest assessment of your situation. We give our clients the information they need to make informed choices about their situation. Contact us online or call 719-694-1284 to schedule your appointment with a bankruptcy attorney who is committed to helping you succeed.
