Has your mounting debt resulted in failure to make payments on your car or other property? If too many missed payments have gone by, you could be facing repossession. This is the legal process by which a lender can take back property that you have failed to pay for in the allotted time.
If you haven’t been able to maintain monthly payments and fear your lender is going to begin the process of repossession, you should consult Joseph L. Grima and Associates P.C. in Grosse Pointe Farms, MI. While it may seem your back is against the wall, there are a few ways to handle repossession depending on the situation. We will sit down with you, get to know your situation and develop the best course of action. Our goal is to help you retain your property and take back control of your financial situation.