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The most common forms of default resulting in repossession are failing to make required payments and failing to maintain adequate insurance coverage. Many U.S. states have enacted additional laws that apply specifically to the repossession of purchased and leased automobiles, and which are intended to afford additional consumer protections. [3]
This was financed through Green Tree Financial Corporation and its subsidiary, Green Tree Financial Corp.-Alabama. Randolph's Manufactured Home Retail Installment Contract and Security Agreement required that Randolph buy a specific type of insurance and that disputes about this provision would have to be settled by arbitration. [ 1 ]
The Credit (Repossession) Act 1997 was an act that regulated repossessions in New Zealand. This Act replaced the limited repossession sections in the Hire Purchase Act 1971. [ 1 ] The Act outlined the rights of the debtor , the steps required for repossession , the creditors right of entry, as well as the steps the creditor must take once they ...
Alabama law-related lists (11 P) A. Alabama state courts (2 C, 5 P) C. Capital punishment in Alabama (2 C, 13 P) Alabama state case law (4 P) Courthouses in Alabama ...
Mar. 2—COLUMBUS — An Alabama resident has admitted her guilt in a scheme orchestrated by her son-in-law that cost Muscogee County taxpayers millions of dollars. Rosalie Bassi, 66, of Phenix ...
By the time the average person is ready to declare bankruptcy, they’ve probably done everything they can to deal with a looming financial crisis.Often unexpected life events and crises lead to ...
The Alabama Constitution, in common with all other state constitutions, defines a tripartite government organized under a presidential system.Executive power is vested in the Governor of Alabama, legislative power in the Alabama State Legislature (bicameral, composed of the Alabama House of Representatives and Alabama Senate), and judicial power in the Judiciary of Alabama.
Drivers who choose to forgo insurance while driving are in violation of Alabama auto insurance laws and can face certain consequences or penalties. For the first offense, the fine is $500 and a 45 ...