Repossessing your motor vehicle

The loan provider must furnish you with a formal see 10 instances beforehand previously repossesses your automobile. This find must point out:

The primary from the loan

The attention because

That you can avoid repossession if you are paying straight back the loan entirely

When your car or truck try repossessed, the financial institution can’t charge more interests.

Offering your car or truck

After repossession, your very own loan provider must present at the very least 15 era’ notice of the goal selling the car.