When You’re Behind on Car Payments
Missing a few car payments can quickly lead to serious consequences. In Memphis, repossession can happen without warning once you’re in default. If you rely on your vehicle to get to work, transport family, or manage everyday tasks, the loss can be devastating. At Hurst Law Firm, P.A., we help people understand their legal options and take immediate action to stop repossession.
How Repossession Happens
In Tennessee, lenders do not need a court order to repossess a vehicle once you fall behind on payments. This means your car or truck could be taken from your driveway, job site, or even a public parking lot with little notice. Once the vehicle is gone, it’s difficult to get it back—and you may still be responsible for any remaining balance after it’s sold.
Timing is critical. The sooner you act, the more options are available to stop the process and keep your vehicle.
Bankruptcy as a Legal Strategy
One effective method to stop repossession is filing for bankruptcy. Chapter 13 can immediately stop collection efforts, including repossession, by creating an automatic stay. This legal pause gives you time to catch up on missed payments and arrange a repayment plan.
In many cases, Chapter 13 also allows you to restructure the loan itself. You may be able to reduce the interest rate, extend the term, or even lower the amount you owe on the car depending on how long you’ve had it.
Chapter 7, while less common for vehicle issues, can also help if you’re ready to walk away from the loan entirely and discharge other debts at the same time.
Working with a Repossession Attorney in Memphis
Every repossession case is different, but you do have rights. At Hurst Law Firm, P.A., we work with Memphis residents to find out where they stand and what legal tools can help. If your car is at risk, don’t wait for it to be towed away. The sooner you talk to someone who understands the law, the more likely it is you can keep your vehicle and avoid further financial harm.
Repossession doesn’t have to be the end of the road. With the right action, it can be a turning point.
