Legal Question in Consumer Law in Iowa
atv repo
Awhile back my motor blew up in my atv and there was no fixing it.so I sold what was left of the engine.
Now it is about to get repoed.If it get repoed, What will happen since it has no motor?
Asked on 10/01/06, 12:12 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: atv repo
You're in trouble.you are in breach of your security agreement with the loan company by failing to keep in repair and impairing the collateral. What was balance on loan?
Answered on 10/01/06, 2:00 pm
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