By: Darrell Castle

Car repossession can’t be a fun thing to go through.

You have a car because I assume you need it. Since Memphis isn’t the most walkable city, most people need their cars to get to and from work, pick their kids up from day care, go to the grocery store and more.


Are you behind on your car payment?

Is the repo man lurking, threatening to come and take your source of transportation away from you?

What can you do?

I first want to address the readers who’ll notice the headline and quickly declare, “the best way to keep the repo man from taking your car is to just pay your bill!”

While I appreciate your constructive feedback, we all know that.

However, what if you can’t afford to pay your car note because you got sick and racked up medical bills and you’re trying to catch up on them? Or what if you’ve temporarily lost your job? Or what if you’re going through your own unique issue – that could be totally out of your control – causing you to momentarily struggle financially?

Can you “just pay your bill?” No, you can’t. But that doesn’t mean you should lose your primary source of transportation that can get you to and from a vital source of income.

If the repo man is threatening to come and take your car, but you don’t want him to have it, then don’t let him take it!

Consider filing for bankruptcy

By filing for Chapter 13 bankruptcy, you can lump your debts – including your car payment – into an AFFORDABLE 3-5 year repayment plan. By doing so, you can keep your car and it’ll be completely paid off once the bankruptcy is finished.

You get the repo man off your back, get out of debt and keep your car. That sounds like a good plan, and there’s even more benefits to consider.

You can improve your credit

Since you’ve missed some car payments, and because on-time payments are a major factor towards your credit score, then your credit score probably wasn’t very good before filing for bankruptcy.

However, a bankruptcy offers you a chance for a fresh start. By getting rid of that debt that brought your credit down, it provides a clean slate you can use to re-establish and rebuild your credit score to your desired rating.

At Darrell Castle & Associates, we have a great resource to help you with that. We offer our clients free access to 7 Steps to a 720, an online credit restoration program that teaches you tips and trick the banks don’t want you to know in regards to rebuilding your credit score after a bankruptcy

Contact a bankruptcy attorney today

If all of this sounds like something you want to try, or you want to find out more, then we’d love to talk to you.


You can schedule a FREE financial consultation today by calling (901) 327-2100. Or you can fill out the contact form on the right of the page to have someone from our office contact you.

You may not want to file for bankruptcy because you’re scared of what people might think or you don’t feel it’s right for you. But I encourage you to hear from a professional how it applies to your situation and how it can help you. At the very least, you’ll get an honest assessment of your finances, for FREE.

Our office has received multiple Client Distinction Awards from Martindale-Hubbel for client satisfaction, so I promise you’re in good hands here.