The Florida Office of the Attorney General states that Florida law applicable to the repossession of a motor vehicle by a secured creditor neither requires a court hearing nor written notice warning the consumer of imminent repossession. However, there are ways for consumers to avoid this situation and retain a…
Category: Auto Repossession
In Florida, Fla. Stat. § 537.012 covers the repossession and disposal of pledged property. A pledge is a bailment that conveys possessory title to property owned by a debtor to a creditor to secure repayment for a debt. The term is also used to describe the property which is the…
