A licensee shall perhaps not repossess a motor vehicle securing a title mortgage ahead of the date specified inside the see
D. Except in the case of fraud or a voluntary surrender in the motor vehicle, a licensee shall not bring ownership of a motor vehicle until these energy as a borrower is during default beneath the mortgage contract
A. Except as or else provided in subsection elizabeth, a licensee taking a safety curiosity about a motor vehicle pursuant to this chapter will probably be limited, upon default by borrower, to seeking repossession of, preparing for purchase, and selling the car relative to Title 8.9A. Unless (i) the licensee, at least 10 period just before repossessing the car getting a name loan, provides taken to the debtor, by superb email, authored observe suggesting the debtor that his concept mortgage is in standard and stating that the motor vehicle could be repossessed unless the key and interest due beneath the financing arrangement were settled and (ii) the debtor will not pay these principal and interest ahead of the time the motor vehicle was repossessed by or at the way of this licensee, then your licensee shall perhaps not accumulate or demand the costs of repossessing and promoting the motor vehicle described in clause (ii) of subsection D subdivision A 5 of A§6.2-2216.
