Auto Loans and Financing
Repossession
Bank of America

Is it legal for the repo man to sell the car to a third party once repossessed?

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Wiki User
2005-09-09 06:21:38
2005-09-09 06:21:38

There is a legal process that has to be followed and it depends on the state you live in. Most local laws require the bank to allow you 10 days to come up with the back payments and any new fees. If that time period has pasted then more than likely the sale was legal.

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