Repossessions: California's Special Rules
A NorthLegal Webinar Presented April 10, 2012
Duration: 2 hr 37 min including Q&A
Cost/Registration | Regions Affected | How to Attend a Webinar
California is "different" in many ways, some good, some not so much. Nowhere is this more true than in its laws, and its repossession laws are a good example of that. And because of those repossession laws, California continues to have more repossession-related class action lawsuits than any other state.
California has its own variation of the Uniform Commercial Code, which differs significantly from the UCC adopted in other states. As a result, someone familiar with the UCC in Oregon or Arizona, or someone who took general repossession training that was not California-specific, could make significant errors if he or she handled a repossession in California and didn't know how that state's law is different.
To complicate matters, California has an entirely separate and very different set of repossession rules that sometimes supplement and sometimes even contradict its Uniform Commercial Code! These rules are found in a different place in California law, so a financial institution or attorney from out of state would be likely to miss it without extensive research.
If that isn't enough, California courts have interpreted California's repossession-related laws in surprising ways. As a result, someone could carefully read California's laws and still make errors that lead to losses through litigation.
Lenders who make automobile-secured loans in California, who repossess automobiles in California, or who sue for deficiency balances in California need to know California's unique rules.
Attorney Eric North has represented financial institutions in repossession-related litigation, and has taught and written extensively about repossession-related laws, for more than 25 years. He is also the author of California Repossessions: Law and Procedures Guide, the leading publication for financial institutions regarding California's repossession laws.
During this 90-120 minute online training program, Eric talks with participants about subjects including—
Repossession-related issues continue to trigger more class-action lawsuits against financial institutions in California than any other issues. Learn now what the rules are, what the "hot button" issues are, and how to comply!
NOTE: This program is intended for employees of consumer lending
institutions. Please contact NorthLegal Training and Publications to obtain approval
before registering if you are not an employee of a consumer lending institution.
The fee to attend this archived program is $145.00 if paid by credit card or $155.00 if paid by check. For that fee, you or someone from your financial institution may view this program as often as you like for a period of 30 days.
|•||Register. To register online using a credit card, visit the "Enroll Now" link shown above. To register by mail, call NorthLegal at 623.537.7150.|
|•||Check your email. Within moments after you complete the registration process you should receive two emails. One will be a receipt for the transaction and the other will contain a link and detailed instructions explaining how to use that link to attend the program.|
|•||Download the handout materials by clicking the "Handout" link shown above.|
|•||Call NorthLegal to obtain the password to open the handout materials.|