Legal Question in Credit and Debt Law in California
what is the procedure for a financial institute when your threatened with repo.
what steps do they have to follow before they can repo the vehicle and how many payments do you have to be behind bofore they start the repo process?
Asked on 2/05/10, 12:03 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
You have to be at least one payment behind. The steps they have to follow are, they show up with a tow truck and it's gone. You might want to talk to a bankruptcy lawyer and have him or her stop the repo.
Answered on 2/10/10, 12:33 pm