What happens after the goods are repossessed?
After repossession, goods are usually sold to satisfy the debt. The creditor must give the debtor written notice of the time and place of the sale. The debtor can then pay the amount owed, find a buyer to purchase it, or be present at the sale to bid. The goods must be sold at a price that is commercially reasonable. If repossessed goods are sold without advance notice of sale, CONSULT A LAWYER.
