Do I Need to Be Notified Prior to Repossession of My Vehicle?

In Connecticut, if your car is repossessed, the original lender has two options in connection with the repossession: they can either notify you in advance that your car is going to be repossessed, or they can notify you afterwards that your car has been repossessed and offer you a right to cure the default. If the note arrives before the car’s been repossessed, you do have the opportunity to reinstate the loan by paying the past due amount plus any additional charges. However, once the car’s repossessed, the only option is the right to cure the default in which you have to pay the total amount of the original loan plus storage fees and repossession charges.

Was your vehicle repossessed, but you were never notified?  Let our experienced Debtor Rights Attorney in Hartford help you.

This legal blog was brought to you by Eric Foster an experienced CT Debtor Rights Attorney.