Do I Have Any Rights if My Car is Repossessed in Illinois?

For most people, having a car is a necessity, not a luxury.  We use our cars for work, to transport our children to school and to run other important errands. Without a car our already complicated lives become even less manageable.  If you fall behind on your car payments, your lender can repossesses its collateral, leaving you without transportation and sometimes, stuck with making payments. The Car Repossession Laws in Illinois do, however, provide consumers with much needed protections.

Defenses to repossession

Although a creditor may repossess your car after once you default on your loan, there are several defenses that you can use to contest the repossession, such as:

If you act quickly, Illinois repo laws can even get your repossessed car or truck back — and at a lower monthly payment. You also have the right to retrieve any personal items that were in the car at the time of repossession. Protect your rights and prevent car repossession . Contact DebtStoppers, Bankruptcy Law Firm for aggressive legal representation.

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