Repossession
Insurance

In Alabama can you repo a vehicle if the buyer doesn't have full coverage insurance and they signed on the bill of sale saying they would?

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July 15, 2015 7:24PM

IF the debtor is in DEFAULT of the contract (any one of the conditions) and the contract states the the lender will repo when in default, then go for it. Just a bit of CYA. Send them a reminder letter about the insurance default and give em 5 days to cure it.