Car Repossession Procedures in Massachusetts

09 Oct Car Repossession Procedures in Massachusetts

In Massachusetts if you fall behind in your car payments, your car lender can not just take your car. However, after you are 30 days past due a lender can decide to repossess your car (this can also happen if you fail to keep your car insured). A lender must send you a notice called the “Rights of Defaulting Buyer under the Massachusetts Motor Vehicle Installment Sales Act” giving you 21 days to cure the default. If you do not cure the default and the lender takes your car, you must be given a second notice stating the creditor’s intention to sell the car and giving you an additional 20 days to redeem it.

You can visit my web site for more information about car repossession in Massachusetts.

Related Posts Plugin for WordPress, Blogger...
The following two tabs change content below.

Nicholas Ortiz, Boston Bankruptcy Attorney

From Attorney Ortiz: We have been helping consumers and small businesses in Massachusetts successfully navigate through the bankruptcy process since 2002. We offer free initial consultations and payment plans. Call us at 617-716-0282 to discuss your debt relief options. Mention the Bankruptcy Law Network when you call!

Sorry, the comment form is closed at this time.