Chicago Repossession Laws Lawyers

Having your car repossessed is a very stressful experience. You are undoubtedly concerned about whether or not you have a right to get your car back, and what happens next if you don’t.

Has your car been repossessed? The Chicago car repossession attorneys at Edelman, Combs, Latturner & Goodwin, LLC, can help you. Contact us to learn more about your rights if you have been threatened with car repossession.

Your Rights Regarding Car Repossession

  • After car repossession, it is required that certain notices be sent to you.
  • If you had personal possessions in the car when it was repossessed, you have the right to get those items back.
  • If you had already paid more than 30 percent of the deferred payment price or total of payments due, you have the right to reinstate the contract and recover the vehicle by making a lump sum payment for: (i) the total of all unpaid amounts, including any unpaid delinquency or deferral charges due at the date of reinstatement, without acceleration; and (ii) performance necessary to cure any default other than nonpayment of the amounts due; and (iii) all reasonable repossession costs and fees.

If you do not recover your car after repossession, the car will ordinarily be sold, and the lender may come after you for the difference between what they got from selling the car and what you owe on the contract. This could result in you owing thousands of dollars to the lender. That is why it is important to obtain a lawyer to discuss your rights and options.

Contact Us

Has your car been repossessed? Are you concerned that your rights were violated? Contact the debt collection abuse law firm of Edelman, Combs, Latturner & Goodwin, LLC, for a free consultation with a Chicago repossession laws lawyer.

Make sure to save all documents you receive relating to the car and the repossession and if you had documents about the purchase of the car in the glove compartment, make sure to retrieve them.

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The consumer protection and class action lawyers of Edelman, Combs, Latturner & Goodwin, LLC, represent clients throughout Illinois, and in federal courts in Illinois, Wisconsin, Indiana, and Michigan, and will consider substantial cases in other jurisdictions.