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Ways to Stop Repossession of A Vehicle And Foreclosure Sale
At times, one needs to take professional legal aid to sort out their legal problems in a right manner.
Legal aid helps in providing access to justice by ensuring equality, the right to counsel and the right to an
impartial trial. The kind of legal help one requires depend on how big the problem. It is advised that one
consult a legal service attorney to deal with the problem in a more effective manner. Experienced legal
lawyers are available in Michigan and they have assisted a number of local families in resolving their
financial issues. There are bankruptcy law firms that have an experienced team of lawyers who give
quality interaction to the clients in a positive and supportive environment. The reputation of the firm is
reflected in their work product and the attorneys available there have experience to handle large
amount of responsibility quickly in an effective manner.
How to Stop a Repossession of a Vehicle
It can be a worrying situation when one is about to lose their means of transportation due to a financial
issue. There can be a situation when they are not able to pay their monthly obligation on time. In such a
case, people can consult legal advisors who will assist them on how to stop a repossession of a vehicle.
There are certain laws that can solve this problem in an effective manner. There are a Michigan car
repossession law, according to which the repossession company may encroach the property to recover
the vehicle, but they cannot legally enter a closed structure. For instance, if they see the car or bike in
the garage, they cannot lift it from there to recover the vehicle. They also cannot create a nuisance
outside in order to repossess the vehicle. The attorneys can also help in reducing the amount owed on
the vehicle if the vehicle has been owned for more than 910 days or 2 ½ years. If the duration of the
vehicle owned is less than 2 ½ years, the lawyers can help the client by extending the payment terms
and reducing the interest to an equitable rate.
How to Stop Foreclosure Sale
There are foreclosure laws in Michigan that can help to stop foreclosure sale. It is very helpful to people
who fall into foreclosure due to an increased mortgage payment that they cannot afford elsewhere in
their budget. Chapter 13 offers many unique ways to restructure the mortgage and other debts of the
client.