☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Repossession

The creditor's recovery of collateral upon the debtor's default — self-help repossession (without court process) is permitted under UCC §9-609 if it can be done without breach of the peace.

Category: UCC / Commercial Code · Source: UCC §9-609
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: