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Home > Money & Services > Bankruptcy & Debt   »   Repo notification

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Old Aug 21, 2008, 04:57 AM
speedy_christin
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do they have leave noties when they repo your car?

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Old Aug 21, 2008, 06:23 AM   #2  
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Quote:
Originally Posted by speedy_christin
do they have leave noties when they repo your car?
No, but in my state, the lender must send a notice or letter, demanding payment in full, advising of the borrower's right to public or private sale; failure to do so results in forfeiture of right to sue for deficiency balance after the sale.
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Old Aug 21, 2008, 06:27 AM   #3  
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First its not a good idea to piggyback your question on someone elses. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.

No, you would have been previously notified that you are in default and that repossession is an option.
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