Great article by Martin Andelman:
Today’s New… “But, You Didn’t Make Your Payment” Exemption to the Law
I’m not a lawyer, so let’s be very clear about that, but I’m about to tell you how the law has always worked in this country, as far as I have understood it.
If you came to repossess my car, then you were required to be the person or entity that held the pink slip to my car, or you had to be working for the person or entity that held the pink slip to my car. If you were not the person or entity holding my pink slip, then you couldn’t come repossess my car.
In fact, if you came and repossessed my car but were NOT the person or entity holding my pink slip, then we had a phrase to describe that occurrence as well … you were STEALING MY CAR. click on the link below to continue reading the article . .
Today’s New… “But, You Didn’t Make Your Payment” Exemption to the Law – Mandelman Matters
A Bankruptcy Law Blog 