- Try to work out a payment plan or other arrangement to prevent the repossession.
2. Get legal advice.
- Consult with an attorney to understand your rights and options.
3. File for bankruptcy.
- Filing for bankruptcy can stop a repossession and give you time to catch up on your payments.
4. Redeem the vehicle.
- You may be able to redeem the vehicle by paying the full amount owed on the loan, plus any fees and costs.
5. Sell the vehicle.
- If you can't afford to redeem the vehicle, you can sell it and use the proceeds to pay off the loan.
