The filing of your bankruptcy case immediately stops your vehicle from being repossessed. That’s because a bankruptcy filing triggers one of the most powerful tools of bankruptcy – the automatic stay. That’s the law that goes into effect the instant your bankruptcy case is filed at court, and stays – which means stops – all collection activity against you and all of your property. So your Chapter 7 or Chapter 13 filing will force a creditor to immediately stop a repossession, even if that creditor has already sent out the repo tow truck.

Read More