Legal Question in Consumer Law in California

Re: Reposition

If your vehicle is a purchase and has not been repossessed in the past 12 months, has not been used to commit some type of crime and was not hidden to avoid repossession, you should have the right to redeem the vehicle by paying off the entire loan balance or reinstate the vehicle by bringing the loan current, paying reasonable repossession charges and/or storage charges. If you do not choose one of those options your vehicle will likely be auctioned off and the proceeds applied to the loan balance. Any deficiency will then likely be collected. You need to be aware of Cal. Civ. Code � 2983 et seq. as it could allow for possible defenses to the deficiency balance.