Repossessions: California's Special Rules
A NorthLegal Webinar presented November 24, 2020
Duration: 2:30 hours:minutes

Cost | How to Attend | How to Obtain Handouts

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. Because of those repossession laws, California continues to have more repossession-related class action lawsuits than any other state.

For example, 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 complex 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 and taught financial institutions with respect to California's unique repossession laws for more than 35 years and is the author of the California Repossessions Law and Procedures Guide and related forms used by many creditors. During this program, Eric talks with participants about—

• issues to consider when determining whether California laws must be followed when a motor vehicle is repossessed, notices are sent, and/or the vehicle is sold.
• how sales may be classified differently as "public" or "private" in California than in other states.
• how the notice period in California differs from the notice period in other states.
• the ways in which one set of California laws flatly contradicts the other set of California laws—and how to comply with both.
• one of the most common errors repossessing creditors make in California when preparing notices of sale.
• common
• misunderstandings about California's "right of reinstatement."
• rules imposed by California courts in addition to those enacted by the state legislature.

NOTE: This program focuses on how California laws differ from those used in the rest of the country, and assumes participants have a general understanding of basic repossession laws.

NOTE: This program is intended only 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.

Cost/Registration
The fee to attend this archived program is $190.00 if paid by credit card or $200.00 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 180 days. (NOTE: If your financial institution registered for the live program, you already have free access to the archvied version for six months! Contact NorthLegal for information.)

How to Attend a Prerecorded Webinar | How to Obtain Handouts
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