Wrongful Repossession

When you provide a secured creditor with collateral for a loan or fail to make payments on a vehicle, in certain circumstances a creditor may be allowed to repossess these items, but must adhere to strict guidelines when doing so.

A wrongful repossession occurs if one of the following factors is proven by a debtor:

YOU ARE ELIGIBLE FOR HELP IF YOU HAVE EXPERIENCED:

  • NO RIGHT TO REPOSSESS.

    Typically very straightforward and easy to prove. Simply refer to your loan agreement and payment history to see the circumstances, if any, in which the creditor may have the right to repossess your property.

  • FAILURE TO FOLLOW PROPER PROCEDURE.

    Each state has strict laws about how to repossess property such as breaching the peace, destroy property, or failure to notify. If these laws are not followed correctly, then wrongful repossession has occurred.