Legal Question in Credit and Debt Law in California

repo laws

If I have a loan with a company for an automobile, and my monthly payments are current, but I have outstanding late fees, can the company still repo my vehicle? I am in California and the company is in Indiana.


Asked on 12/15/03, 6:15 pm

2 Answers from Attorneys
Sheldon G. Bardach Law Offices of Sheldon G. Bardach

Re: repo laws

You must read your loan agreement carefully. It defines the rights and duties of your relationship. I am sure it provides something about this issue.

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Answered on 12/16/03, 10:26 am
Sheldon G. Bardach Law Offices of Sheldon G. Bardach

Re: repo laws

Read your loan agreement. It defines your relationship with your lender. It certainly provides for whether late fees can be the basis for a repossession. If not, it still may.

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Answered on 12/16/03, 10:32 am


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