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Many who find themselves in debt and facing repossession believe they have no recourse. In fact, this is not true. There are steps they can take to protect their property. Creditors must abide by Ohio laws.

In many cases, you may be able to get back property that has been repossessed by working with a seasoned Cincinnati repossession lawyer.

At Fesenmyer Cousino Weinzimmer we understand and appreciate that repossessions are time-sensitive issues. Our experienced repossession attorneys in Columbus, Dayton, and Cincinnati are ready to go to work for you immediately. When you engage us, your case becomes our priority; we are committed to identifying ways for you to retain ownership of your property. Actions may include becoming current with your payments, making special arrangements with your creditors, or filing for bankruptcy.

Why Choose Us?

Our Cincinnati Repossessions Lawyers Are Knowledgeable and Experienced

Payment delinquencies which lead to possible repossession are frustrating. When your financial health is in question, so is your future well-being. Engaging a skilled and experienced repossession lawyer in Cincinnati, OH, can help you solve your current problems and protect you and your family as you move forward. You want to work with attorneys who have both an in-depth understanding of Ohio repossession and bankruptcy law and who are experienced in handling cases like yours.  Selecting the best firm with which to work is an important decision.

The repossession lawyers at Fesenmyer Cousino Weinzimmer have the knowledge and experience necessary to provide you with the high-quality service you need. We are committed to gaining an understanding of your current situation and successfully helping you fight repossession.

Working with a team of specialized lawyers is critical. They will need to leverage their skills and experience to protect your possessions and your reputation. At Fesenmyer Cousino Weinzimmer we are:

  • Professionals with decades of practice in repossession, bankruptcy, and debt settlement negotiations in Ohio
  • Committed to our clients; our service approach focuses on gaining a complete understanding of each individual situation
  • Responsive and clear communicators; we keep our clients apprised of the status of their cases in real time
  • Skilled in financial analysis and negotiations
  • Well-known for our ability to successfully resolve complex financial issues

Sometimes life is challenging, and situations are often beyond control. Responsible people may find themselves financially compromised. We understand that this happens and know what to do and how to do it to help you protect your property and move forward in a better financial position.

How We Can Help You

We Can Help Protect Your Possessions and Your Financial Health

There are a host of ways to address repossession in Cincinnati. Our team understands the intricacies of Ohio repossession laws and can objectively review your situation to identify the best path to protect your possessions.

When you work with us, you can rest assured we will:

  • Review all aspects of your case, including any contracts you signed
  • Evaluate your financial position
  • Confirm whether the property purchased is eligible for repossession
  • Explain the laws regarding your specific situation
  • Identify options for retaining or recovering your property, including declaring bankruptcy
  • Renegotiate the terms of your contract with your lender on your behalf
  • Manage the entire legal process, from beginning to end

Even the idea of having your property repossessed is concerning; when it actually happens, the emotional impact can be devastating. Working with experienced Cincinnati repossession attorneys is the best way to protect your belongings and your financial future.

If you are struggling financially and are in danger of having your property repossessed, don’t hesitate to engage qualified legal assistance immediately.  In cases like this, time is incredibly valuable.

The team of professionals at Fesenmyer Cousino Weinzimmer is ready to get to work on your behalf immediately.  Contact us in Cincinnati today at 877-654-5297 to schedule your free consultation.

Ohio Repossession Laws Are Complex

Understanding Their Intricacies

The contract you sign when you buy an item through a loan describes the payments you must make and the dates you must make them.  If you fall behind on these payments, Ohio law considers you to be in default of the contract.  You will probably be in default as soon as the payment is late, unless your contract provides a grace period.

If the contract states that the creditor has the right of repossession, the creditor can reclaim the property without having to go to court and get a judgment.  Creditors may then keep the property or sell it to help cover your debt.  Creditors and third parties seizing property are not allowed to confront the buyer or break the law by doing anything likely to cause violence during the repossession process.

Creditors may also file a lawsuit and get a court order for repossession.

These are called “replevin” cases, and sometimes the court will issue an order even before you know that a case was filed.  If you wish to challenge the replevin order, you must file a hearing request with the court within five days of receipt of the paperwork. In this case, you should contact an attorney immediately for legal assistance.

Some types of property cannot be repossessed, even if you default on a loan.  These include:

  • Property not specifically named as collateral
  • Credit card purchases
  • Property named as collateral in a contract that does not comply with Ohio’s legal requirements

The repossession attorneys at Fesenmyer Cousino Weinzimmer can review your property and contracts to determine whether repossession is a concern.

What Happens After the Repossession?

Once creditors repossess your property, they usually send default notices within five business days. These notices explain why your car or other property was repossessed and what you must do to get it back. If you want to keep your property, you have the right to buy it back by paying the outstanding balance, including the cost of the repossession and sometimes up to two additional payments.

If you cannot make these payments, you will be notified at least 10 days in advance that the car will be sold. Keep all paperwork and notices in case you are sued for the difference between what the property sold for and the balance due on the loan.

Even if property cannot be repossessed, creditors may still sue you in court to recover the money you owe. If they win, they may be able to garnish your wages or put a lien on your property.

Cincinnati Repossession Companies

The following is a list of some companies that do repossessions in Cincinnati:

Stopping Repossession Is Possible

Things You Can Do

There are several ways an attorney can help you fight repossession.  One is to work directly with the lender to restructure or renegotiate the terms of your loan.  However, in many circumstances, the most effective way to stop a repossession or regain your property is through a Chapter 7 or Chapter 13 bankruptcy filing. Both types provide an “automatic stay” that can immediately stop repossession and harassment by creditors.

  • Chapter 7 Bankruptcy is the most common form of bankruptcy, and it discharges most or all consumer and/or business debts while protecting you from harassment from creditors and repossessions. In most instances, deficiency balances can be treated as an unsecured claim and discharged in your bankruptcy. Also, Ohio has exemptions of property that cannot be sold, including clothing, cars, equipment used for work (like tools) and household furnishings. If you do not own much property, your possessions may all be exempt.
  • Chapter 13 Bankruptcy is a repayment plan that consolidates your debts and allows you to repay some or all of them over a three- to five-year period. If you successfully complete the court-approved payment plan, the debts covered by the plan are discharged.

While declaring bankruptcy may be the right choice in many situations, you should consult with an attorney prior to taking any action.

Fesenmyer Cousino Weinzimmer Can Help You

Contact Us for a Free Initial Consultation

If you are a Cincinnati resident faced with repossession, time is of the essence. The experienced and compassionate debt-relief attorneys at Fesenmyer Cousino Weinzimmer know what you are going through.  We offer a FREE INITIAL CONSULTATION to evaluate your entire financial picture by examining your income, your debts, and your goals in order to determine the best fit for your individual situation.  We have helped thousands of Ohio residents find new hope and prevent repossession.

Delaying can only make your situation worse. Contact the Ohio bankruptcy attorneys at Fesenmyer Cousino Weinzimmer today at our conveniently located Cincinnati office at 877-654-5297 for your free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Attorney Tom Fesenmyer

Attorney Thomas M. Fesenmyer (Tom) is dedicated to helping his clients solve their financial issues in a timely and cost-effective manner. Tom has personally filed several thousand cases and has the expertise to achieve immediate results for his clients, including stopping Foreclosures, Repossessions, Wage Garnishments, Law Suits, Utility Shut-offs, Creditor Harassment, Bank Attachments, and Pay-Day Loans. Tom’s goal for all of his clients is asset protection and debt elimination.[ Attorney Bio ]

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