When most people hear “repossession,” they immediately think of automobiles. But lenders can repossess anything that was offered up as collateral for a loan. That could be a home (in which case, it’s technically a foreclosure), a boat, jewelry, business inventory, or yes, a car.
Unlike the foreclosure process, however, repossession can often be done with very little notice to the borrower. For this reason, it’s imperative for an individual or business that is potentially defaulting on the terms of a loan to have an attorney well-versed in the repossession laws in Texas. Likewise, a lender looking to repossess collateral used to secure a loan must make sure that it complies with all repossession laws.
The repossession attorneys at McCleskey, Harriger, Brazill & Graf are committed to ensuring that our clients’ assets are protected to the full extent of the law. We have decades of experience representing both lenders and businesses in a full spectrum of financial transactions, including debt restructurings, foreclosures, bankruptcy, lease defaults and repossessions.
McCleskey’s exceptional legal services and commitment to excellence help our clients succeed and prosper, even after their legal issues are resolved. Businesses and individuals across West Texas and New Mexico have come to us for generations because of our reputation for integrity and our deep roots in the community. Our firm believes in these relationships and the role they play in ensuring that our region is, and continues to be, a great place to live.
Contact us to learn more about our repossession attorneys.