At Walker & Walker Law Offices, we fight for our clients when creditors try to block their rights. Recently, we helped a client redeem their vehicle during a Chapter 7 bankruptcy, saving them thousands of dollars.
What Happened
Our client wanted to redeem their car, meaning they could pay its current value rather than the full loan balance. This is a common option for people filing Chapter 7 bankruptcy who want to keep their vehicles without paying more than necessary.
The client’s credit union tried to stop the redemption. They didn’t follow the proper process, instead trying to delay the case and interfere with the court’s order.
Our Response
The Walker & Walker team acted quickly, showing that the creditor’s challenge was improper. After discussions inside and outside the courtroom, the credit union gave up.
The Result
Our client was able to redeem their car for its fair value, keeping the vehicle and saving thousands of dollars.
Why It Matters
This case shows the importance of having an experienced bankruptcy attorney. Vehicle redemption can make a huge difference for people in bankruptcy, but it only works if your rights are protected.
If you’re dealing with a car loan in bankruptcy and want to explore your options, contact Walker & Walker today. We know how to protect your rights and stop creditors from taking advantage.
