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Channel: security agreement – Law and Life Blog
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Car Law A to Z: C is for Contract

When purchasing a vehicle you sign many documents which will constitute legally binding contracts. The rule of thumb to use is that you should read and understand every document you sign. Too often the...

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Car (and Vehicle) Case Checklist: Read Before Calling (or Contacting)

I am constantly contacted by people who have questions and problems with vehicles.  In order for me to properly assess each situation I am in need of certain facts, information, and documents.  I plan...

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Car Law from A to Z: U is for Uniform Commercial Code

The Uniform Commercial Code, commonly abbreviated as UCC, is a set of rules that applies to commercial transactions including sales and leases. The UCC provides useful rights and remedies relating to...

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Debt Collection A to Z: A is for Asset Recovery

The “Car Law A to Z” seemed to be so popular that I thought I would do the same for debt collection.  Practically everyone incurs some type of debt be it a credit card, vehicle loan, mortgage, personal...

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Debt Collection A to Z: B is for Breach

Most people are generally familiar with the term “breach.”  It is commonly used to refer to someone’s failure to adhere to the terms of a contract, agreement, or other obligation.  Since breach...

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Debt Collection A to Z: S is for Security Agreement

Myth:  Anytime one purchases or leases a vehicle there is an automatic right of repossession for the seller or lessor. Fact:  Anytime a seller or lessor wishes to have the right of repossession there...

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Tips for Purchasing a Used Vehicle from An Individual

It’s tax season…..it’s springtime (on the calendar though not yet in the air).  These things usually lead to people spending money on vehicles.  To save a few bucks folks often eye and buy a used...

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Call Me If..Your Vehicle Has Been Wrongfully Repossessed

Note I said “wrongfully” repossessed.  If you are delinquent on payments or allow your insurance to lapse or otherwise violate your finance agreement or other contractual obligation I may be unable to...

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