Repossessions

After a repossession, the finance company can only impose certain conditions on the buyer reinstating his or her contract and regaining possession of the vehicle at issue. The finance company may tell the buyer that one of those conditions is he or she must pay fees to a third party (such as, the repossession agency)…

If you purchased your car in California, the answer generally is “yes.” You will have the right to “reinstate” your contract by paying your past due payments other delinquency charges (e.g., repossession fees), or you can “redeem” the vehicle by paying the entire balance due on your account. You always have the right to redeem.…

If you end your automobile lease early in California, either by voluntarily surrendering the car or involuntarily having it taken by repossession, the lessor (i.e., the company which leased the vehicle to you) does not have to allow you to “reinstate” the lease by paying what’s past due. The lessor can deem the lease to…

If you own a car outright with clean title and a finance company or lender took it, the repossession was likely unlawful. Here’s how this happens: A lender may have once held a valid security interest in the vehicle — giving it the right to repossess the car upon default — but that interest can…

The national emergency resulting from the Coronavirus (COVID-19) pandemic has made it hard for many consumers to make their monthly car payments and it seems has resulted in increased repossessions. Law Offices of Brandon A. Block has remained, and will continue to remain, open and available to all consumers during the Coronavirus pandemic (though working…