Other Consumer Law

Repossession laws apply to any transaction where borrowed money is secured by a piece of property, such as a car, tractor, oven or manufacturing belt. If the borrower ever defaults on the secured...

Texas laws on foreclosure are found in Title 5, Chapter 51 of the Texas Property Code. Both judicial and non-judicial foreclosures are allowed, and their applicability to a given situation depends...

State laws vary on when and how an auto lender can repossess your car. Additionally, financing agreements vary on the details that are not covered by state law. Most state laws and financing...

The legal paperwork involved when signing a mortgage can be overwhelming and confusing. Often a stack of documents nearly an inch thick is brought to a mortgage closing. Understand all legalese...

Foreclosure is a process by which a lender terminates your rights to your property because you are behind in your payments or are in violation of the terms of your mortgage in some other way. If...

If you are worried about a car loan default and possible repossession, you should think about your state's laws governing car loans and repossessions, and the written contract you signed when you ...

Whether trying to reduce mortgage payments or credit card debt, there are some basic things to keep in mind while writing a letter. Debt payment reduction letters should convey an acceptance of...

The Uniform Commercial Code (UCC) is a model law that was drafted by a group of legal and financial experts. Most states have adopted some form of the UCC. Article 9 of the UCC governs secured...

Repossession usually occurs when a buyer defaults on a vehicle loan and the creditor hires a repossession service to take back the vehicle in accordance with the contract between buyer and lender....

The repossession of a vehicle begins when a payment is missed. Repossession proceedings can begin any time between one to 30 days after missing a payment, depending on the grace period established...

Given the world's current financial woes, you may find yourself possibly facing a foreclosure on your home. If that is the case, you may be wondering what options are available for stopping a...

Working short sale listings and foreclosures to find bargains on properties is a fairly simple process. However, there are a few elements of the trade you should familiarize yourself with. The...

A payday loan works like any other debt: on a written promise to repay. Such debts are usually secured by a postdated check. If the check bounces, the payday lender will try to collect the debt...