I woke up this morning, and I went out to start my car, and it had been repo’d. Now I’m going to have to file bankruptcy to get it back. How long is that going to take?

A good bankruptcy law firm has been through this fire drill many times before, and it depends in large part on the lender and their process for dealing with these bankruptcy cases. Experienced lenders, the ones who know what they are doing, they can turnaround and return your car a day after you file bankruptcy, providing your attorney does all the right things.

Some lenders they’re not with the program. They are not as experienced and with them it can take a week to get your car back. So really the better play is to file the bankruptcy before the car gets repo’d.

Thoughts from a Maryland Bankruptcy Lawyer