One of the challenges with today’s society is that we must have the latest and greatest of everything. It does not matter if it is cell phones or cars. We want to have these items so we can look good.
The problem is that this lifestyle makes things difficult regarding your finances. You make foolish decisions that will have adverse repercussions on your life. You are living well, but underneath this façade is a mountain of debt. It is difficult to stay afloat, and you worry that something bad is going to happen.
This is when you receive notice that your creditors are suing you over your mortgage, car loans, and credit card debt. You do not know what to do and are unsure about how to get out of this downward spiral of debt. You fear losing everything and want to avoid this scenario at all costs.
Situations like this are not uncommon for many people just like you. These are people that you see in the grocery store or at the mall. They work hard and want a piece of the good life like everyone else. The challenge is they are living a lifestyle that is beyond their means.
Fesenmyer, Cousino & Weinzimmer are the Dayton repossession lawyers to call in these situations. We practice bankruptcy law and know what to do to stop your creditors’ lawsuits and help you reorganize.
The law allows you to stop and fix this situation. All that is needed is to make one phone call to the repossession lawyer. We will stop all pending litigation against you and can do the filing within 24 hours.
Do not spend endless worrying about your bills when you can call us now at 937-222-7472 to schedule a free consultation. We will go over your situation and discuss the different options we can take to solve your financial challenges.
The Most Common Reasons for Creditor Lawsuits
Your creditors are only interested in the money. You have fallen behind on your payments and they tried to negotiate with you. The challenge is that you do not have the money and are facing financial issues. Things could be compounded by the fact that you are injured, sick, or laid off from your job. This makes paying the bills and surviving more difficult.
These scenarios are not uncommon and creditors want to get rid of the bad debt. They don’t care about your financial challenges and are concerned about the money. You are being sued because they have no other avenues to collect. They are eager to take possession of your property so they can sell it to satisfy the loan.
The most common reasons for creditor lawsuits include:
- Failing to Make the Payments: This is the most obvious reason why a creditor is taking action against you. Not making the payments is considered to breach of contract and they are going to court asking a judge to let them take possession of the asset or garnish their wages.
- The Property is Damaged Beyond Repair: You agree to take care of the property whether it is a home or a car. When it is damaged beyond repair, the lender will call in the full loan amount. Normally, insurance covers this and you do not have to worry about it. Sometimes, you will have to make up the difference. This is when they can sue you to take possession of the property and your money.
- You are Forced to Sell: A forced sale can occur in communities with a homeowner’s association (HOA) or for some reason beyond your control. The moment your property is sold is when the lender wants their money. Most have a lien on the property and this takes place automatically. But sometimes you will sell for less than the loan. This means that you must make up the difference. Your lender is suing you to get the rest of the outstanding amount on your loan.
These are some of the reasons why your lender will go to court and try to take possession of your property. They know that they can sell it to satisfy the loan and all they need is a judge’s approval to do it.
The Dayton repossession lawyer can help by stopping these lawsuits. We have avenues that we can use that put an end to these proceedings and force your creditors to settle. You can restructure your debt and get your life back on track. Contact the Dayton repossession attorney now at 937-222-7472 and schedule your free consultation.
Why Choose Us?
We have handled thousands of bankruptcy, foreclosure, and repossession cases. Our knowledge and experience help us to skillfully apply the law and create favorable outcomes for you. We have stopped wage garnishments, foreclosures, repossessions, creditor lawsuits, evictions, and shutoffs.
You work with Thomas Fesenmyer throughout your case. He practices in this area of the law and is a partner at the firm. He knows what to do to settle your creditor issues. You are never passed on to another less experienced attorney who will always work with Tom.
Tom is passionate about helping his clients and he will stand up and fight for you. This dedication and tenacity are what make Tom an excellent attorney and litigator. Tom will hold your creditors accountable and not back down until he gets favorable outcomes for you.
Our firm has five-star reviews for our knowledge, professionalism, and personal attention. We communicate with you frequently to let you know what is happening. Our team returns all phone calls, voicemails, emails, texts, and faxes within 24 hours. We are the repossession attorney that will help you.
You will work with an attorney that cares and understands your situation. This means that you will get legal advice and strategies that are customized for you.
We are here for you and will always listen to what you have to say. This helps us to explain your situation to the court and show that you are being treated unfairly. Your creditors are more willing to negotiate when this happens and they will stop with the lawsuit and the hardball tactics. They know that you have someone on your side that understands the law and will hold them accountable for their actions.
Our Dayton Repossessions Lawyers Answer FAQs
Here are a few of the most frequently asked questions about repossessions in Dayton, OH.
Your creditor is going to court to ask permission to seize your assets. You can stop the seizure of your home or car if you act fast.
We can do the filing within 24 hours to stop all creditor lawsuits. This gives you time to regroup and assess your finances.
We offer a free consultation to go over your situation. An attorney will discuss what we can do and how we can help.
Most lawsuits require a response within 30 days from you or your lawyer. Failing to do this will lead to a judgment against you and the seizure of your assets.
Most creditors will settle for the principal of what you owe minus the interest and penalties. They want to get the money for the loan and are willing to work out a plan in these situations.
The odds are low that your case will end up in court. Most cases end up in a settlement with creditors. They agree to settle the debt and restructure your payments to make them more affordable.
If you have additional questions, contact Fesenmyer, Cousino & Weinzimmer today at 937-222-7472 to schedule your free consultation with a repossession attorney. We will give you more personal attention and know what to do to get favorable results for you. You have a window to respond to the lawsuit and you need to act quickly by calling us now. We are the repossession lawyers you can count on.
Contact Us Our Dayton Repossession Lawyers
Creditor lawsuits are serious situations, and you need to act fast. You have a certain amount of time to respond. We recommend speaking with the Dayton repossession lawyer at Fesenmyer, Cousino & Weinzimmer.
Time is of the essence in these cases and you need to speak with an attorney now. Failing to act can lead to the seizure and sale of your property by creditors.
We will stop these lawsuits from moving forward and will work with your creditors to create a settlement that works. You can stop worrying and relax by calling us at 937-222-7472 for your free initial consultation.