Can a debt collector repossess my property for unpaid debt?

In California, the answer to whether a debt collector can repossess property for unpaid debt depends on two main factors. First, the creditor must have the legal right to seize specific property due to the terms of the loan agreement. Second, the creditor must provide the borrower with a written notice of the intent to repossess at least 15 days before executing a repossession. If the creditor has the legal right to seize the property, they can repossess the item without obtaining a court order, except when it comes to repossessing an automobile. In that case, the creditor must obtain a court order before they repossess a car or other vehicle. But even if the loan agreement allows the creditor to repossess the property, they cannot use violence or force to do so. If a debt collector threatens violence or uses force to repossess property, the borrower may take legal action against the collector. In California, it is important for borrowers to understand their loan agreement, as it can be the deciding factor in whether or not a debt collector can repossess their property for unpaid debt. Additionally, borrowers should be aware of their rights in the event that a debt collector does try to repossess property.

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Can a debt collector repossess my property for unpaid debt?

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