Texas Independent Automobile Dealers Association
 




A Lien Holder's Legal Guide
BY MICHAEL W. DUNAGAN

REPOSSESSION 101:THE ESSENTIAL COURSE FOR BHPH DEALERS

The expanded 2004 Edition includes the new repossession forms necessary for compliance with the 2001 amendments. Compliance with the new procedures and notice forms is vitally important in avoiding liability in individual and class-action suits and surviving OCCC and MVD audits.

For over eighteen years the REPOSESSION GUIDE has been used by dealers, finance companies, banks, police departments and repossession agents as the definitve word on repossession. Topics include:
  • When is it legal, and when is it not.
  • Avoiding the paper-profit problem.
  • When to give notice before repossession, and when it’s not necessary.
  • Model forms help you meet notice requirements.
  • How to use strict foreclosure to simplify repossession procedures.
  • How bankruptcy affects repossessions.
  • A helpful repossession checklist.
  • Includes text of U.C.C. sections that affect repossession.
Written in plain, easy-to-understand language, the Repossession Guide is packed with over 100 pages of forms, explanations and recommendations.
“We insist that our collectors and repo agents read the Repossession Guide — it’s good preventive medicine.”
Jim Goss of Sunshine Cars & Trucks, Inc.
Burleson


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