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§ 6254. Notice of repossession

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: December 1, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part V. Consumer Credit (Refs & Annos)
Chapter 62. Motor Vehicle Sales Finance (Refs & Annos)
Subchapter E. Repossession
Effective: December 1, 2014
12 Pa.C.S.A. § 6254
§ 6254. Notice of repossession
Currentness
(a) General rule.--If repossession of a motor vehicle subject to an installment sale contract is effected other than by legal process, the holder shall immediately furnish the buyer with a written notice of repossession.
(b) Delivery.--The notice of repossession shall be delivered in person or sent by registered or certified mail to the last known address of the buyer.
(c) Contents.--The notice of repossession shall contain the following:
(1) The buyer's right to reinstate the contract, if the holder extends the privilege of reinstatement and redemption of the motor vehicle.
(2) An itemized statement of the total amount required to redeem the motor vehicle by reinstatement or payment of the contract in full.
(3) Notice to the buyer of the holder's intent to resell the motor vehicle at the expiration of 15 days from the date of mailing the notice.
(4) The place where the motor vehicle is stored.
(5) The name and address of the person to whom the buyer shall make payment or on whom the buyer may serve notice.
(6) A statement that any personal property left in the repossessed vehicle will be held for 30 days from the date of the mailing of the notice.
(7) The name and address of the person that the buyer may contact to receive a full statement of account as provided by section 6230 (relating to statement of account to buyer).

Credits

2013, Nov. 27, P.L. 1081, No. 98, § 4, effective in one year [Dec. 1, 2014].
12 Pa.C.S.A. § 6254, PA ST 12 Pa.C.S.A. § 6254
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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