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In Texas, after a repossession, the lender is required to send a post-repossession notice to the borrower within a certain timeframe, typically within 10 days. This notice must inform the borrower of the repossession, provide details about the sale of the repossessed item, and outline their rights regarding redemption. The borrower has the right to reclaim the repossessed property by paying the outstanding debt and any associated costs before it is sold.

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1w ago

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