Discharging Car Title Loans
Being in a pinch financially, especially in a bad economy can make you desperate enough to do anything. If you are dealing with blemished credit, and you do not get paid for awhile, or have no job you may feel that a Florida car title loan is a good idea. Despite serving an immediate need, an automobile title loan may be a horrible financial decision in the long run. If you took out a car title loan and cannot pay it back it behooves you to speak with an Orlando bankruptcy lawyer.
Call the Orlando Bankruptcy Lawyers at Lyons Law. Ms. Lyons offers free consultations to Orange County, Osceola County, Polk County, Brevard County, Seminole County, Lake County and Volusia County, Florida residents in need of financial relief.
Car Title Loan Discharge Laws In Florida
A Florida car title loan is incredibly expensive. So expensive that it may be impossible for the borrower to pay back. Many times borrowers do not fully comprehend the repercussions they may face if the loan is not repaid according to the agreement. The reality is that if the loan terms are not followed you will lose your vehicle. This makes little sense considering that the vehicle has already been paid in full! This will likely send you in the wrong direction financially as, without an automobile, you have no way of getting to work to earn money to repay the car title loan. Please understand that there is hope as car title loans can often be eliminated by filing for bankruptcy in Orlando, Florida. It is important to take action now before your vehicle gets repossessed.
Florida car title loans can sometimes be discharged by filing for bankruptcy. The terms of the loan and other factors will determine if the loan can be discharged without losing your vehicle. Consulting with our Orlando bankruptcy attorneys will help you to understand all of your options as your best course of action.
Contact An Orlando Bankruptcy Lawyer For A Free Consultation
Call Orlando Bankruptcy Attorney Meg Lyons to discuss how your car title loan can be discharged and you can keep you automobile. Ms. Lyons offers free consultations to those facing difficult financial times in Orange County, Florida, Sarasota County, Florida and Miami-Dade County, Florida.
Orange County Florida Attorney Meg Lyons proudly serves the greater Orlando, Miami and Sarasota metropolitan areas. This includes Orlando, Clermont, DeLand, St. Cloud, Buenaventura Lakes, Sanford, Oviedo, Lakeland, Longwood, Casselberry, Lake Mary, Apopka, Winter Springs, Altamonte Springs, Daytona Beach, South Daytona, New Smyrna Beach, Port Orange, Ormond Beach, Bartow, Kissimmee, Titusville, Tavares, Volusia, Sarasota, North Port, Venice, Miami, South Beach, Hialeah, Miami Beach, Miami Gardens and North Miami, Florida.