transportation

I am disabled, will I lose my disabled van if I file bankruptcy?

I am disabled, will I lose my disabled van if I file bankruptcy?

“When filing for Chapter 7 bankruptcy, it can be a difficult and stressful process. One important thing to consider is how to protect your handicap van from being taken by your creditors. This can be accomplished by understanding the different ways that a creditor may attempt to seize your vehicle, as well as taking steps to ensure that any attempts are unsuccessful.”

Why is There an Increase in Families' Cars Being Repossessed?

Why is There an Increase in Families' Cars Being Repossessed?

The rate of car repossessions in the United States is on the rise and is expected to continue to do so in the coming years. In 2020, repossession rates were at the lowest they had been for six years before the pandemic. However, in 2022, repossession rates reached nearly pre-pandemic levels and in the case of low-income families, had exceeded their 2019 rates.