The common question is “Will I lose my car?” It is certainly a reasonable concern.This guide goes over the three (3) legal options plus two (2) alternatives. Reaffirm the Debt Essentially, you agree that the debt goes on after the bankruptcy with the same contract terms. The finance company retains its lien, and you will […]
Automobile Loans and Chapter 7 Read Post »
Automobile Car Chapter 7 Loans Video
When you went to your car you found the city has installed a boot on the front wheel. What is going on? And, what can you do? WHEN DOES THE CITY BOOT A CAR The city of Chicago aggressively seeks to “boot” cars. In fact, they have specially equipped vehicles that can read license plates
What to do When Your Car is Booted Read Post »
Automobile Car Video
The Illinois Secretary of State can and does suspend individual driver’s licenses for various reasons. For many it is impractical to deal with the problem directly. A frequent method of regaining one’s driving privileges is filing a Chapter 7 or a Chapter 13. MY DRIVER’S LICENSE HAS BEEN SUSPENDED. I WANT AND NEED MY DRIVER’S
Driver License Suspensions In Illinois And Possible Solutions Read Post »
Automobile Bankruptcy Car Chapter 13 Chapter 7 Video
If you are wondering how automobile loans are handled when you file a Chapter 13 bankruptcy, here are the main points to consider including what to do if the car has been repossessed. HOW TO PAY FOR A CAR IN CHAPTER 13 Generally folks considering filing Chapter 13 are concerned about how their auto loans
Auto Loans in Chapter 13 Read Post »
Automobile Car Loans VideoA Title Loan is a form of short-term lending where you pledge your car as security. The interest rates are astronomical just like a payday loan. We often see rates of 125% or even as high as 200-300%. The following is an explanation of what a Title Loan is, the costs, and good options for
Title Loans – Save My Car Read Post »
Automobile Car Title Loans Video
The current trend in technology has made driverless cars a reality. These driverless cars are made with the aim of avoiding car accidents, but as it stands now, there is still a long way to go. Currently, there is a limited testing and deployment of these autonomous cars especially due to numerous accidents they have caused
Who Is Responsible For The Crash Of A Driverless Car? Read Post »
Automobile Car VideoYou have a clear title to your car, truck or motorcycle and you need money. Title Loan companies will gladly lend you money for a short term loan. But, there is a catch and a big one. The interest rate is high: anywhere from over 100% to 300%. The loan amount can anywhere from 25%
Title Loans – A Good Way To Lose Your Car Read Post »
Automobile Car Title Loans VideoBankruptcy can disrupt your life. It can bring about changes that you never planned on. And for many people who live outside major cities with excellent public transportation options, a car is their connection to food and work. Giving up your car in a bankruptcy can be a difficult decision, but you do have choices.
Should I Reaffirm My Automobile Debt In Chapter 7? Read Post »
Automobile Car Chapter 7 VideoA car title loan is supposed to be a short-term loan. But the steep interest rates make it almost impossible to pay off. The debt soon doubles or triples. Then the repo man comes to take your vehicle. We Can Help – Complimentary Bankruptcy Consultation If you are in this situation, call the law firm
This is a general outline provided by ROBERT J. ADAMS & ASSOCIATES. Offices in Chicago and Waukegan, Illinois The primary practice of ROBERT J. ADAMS & ASSOICATES is Chapter 7 and Chapter 13 Bankruptcy. Robert J. Adams & Associatea stops finance companies from repossessing your car & helps get cars back. When you finance the purchase of
Automobile Repossession in Illinois Read Post »
Automobile Car Repossession