Repossession Law Blog
Repossessions from Gated & Locked Garages
A repossessor cannot enter a gated and locked garage without permission of the owner of the car or the property, to repossess a car. There’s no exception to this rule. If a repossession agency takes a car under those circumstances, the agency has committed a breach of the peace and the consumer can sue the…
Read MoreYour Rights Following A Car Repossession
In California, a consumer generally has two rights following a car repossession. The first right is to “reinstate” the contract by paying all amounts past due, plus any applicable delinquency charges, collection and repossession costs. Depending on the basis for the repossession, the consumer may be required to satisfy any liens or encumberances on the…
Read MoreCar Repossessed, Now What?
If you have a car loan, the lender can repossess your car after a default through “self-help” repossession. This means the lender doesn’t need to file a lawsuit and can just send the repossession company to pick up your car. Self-help repossession is legal but drastic, and the law imposes strict requirements on creditors. Consider…
Read MoreExtension Fees Under Automobile Loans
In today’s economy, making monthly payments on a car loan taken out several years ago can be increasingly difficult. More and more, consumers need additional time to make a payment. We sometimes are presented with the question: Can a creditor charge a fee for extending or deferring a payment under an automobile loan? Yes, but…
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