Legal Question in Credit and Debt Law in Pennsylvania
Lien holder
when they can they reposse a vehicle if not terms were made, they want to repo. after being 5 days late to pay monthly bill
Asked on 10/20/05, 8:52 pm
1 Answer from Attorneys
Mark Johns
Mark Johns, Esquire
Re: Lien holder
A company can reposess on the first day late. However, it is extremely rare as if they reposess before 15 days late, they cannot collect reposession costs from the debtor.
Answered on 10/21/05, 5:11 am