Archived Webinar

Repossessing Motor Vehicles Part II:
After the Repossession

A NorthLegal Webinar presented May 16, 2019
Duration: 2:10 hours:minutes (Est.)

Cost | How to Attend | How to Obtain Handouts Register

So you found and repossessed the collateral. Now what?

You know you have to give notice to the borrower before you sell, but what must be in the notice? Is there anything that can't be in the notice? How does bankruptcy affect what goes into the notice? How quickly must you get the notice out the door?

What must the borrower do to get the vehicle back? Can you require a full payoff? Does that include collection expenses? Attorney's fees? May the borrower insist on just bringing the account current?

If the borrower doesn't get the vehicle back, what are the restrictions on how you may sell it? And what happens after the sale?

Attorney Eric North has represented financial institutions concerning consumer repossession procedures for more than 30 years and has taught and written extensively about the subject for almost as long. In an earlier webinar Repossessing Motor Vehicles, Part I, Eric discussed legal issues creditors need to understand that arise before a motor vehicle is repossessed.  During this webinar, Eric helps participants understand important rules that apply after the repossession has occurred. Participants will get answers to the questions above and to these:


Don't wait until you receive notice of a lawsuit with your financial institution's name on it to learn what you should have done.


NOTE ABOUT CALIFORNIA AND OTHER SPECIAL STATE RULES: This webinar addresses rules applicable to all states. Some states, such as California, have additional rules that will not be addressed here and that may be the focus of other programs in the future. However, financial institutions repossessing vehicles in those states must also know the information presented in this program.

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.

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
To attend this NorthLegal Webinar, please do the following:

Register.  To register online using a credit card, visit the "Enroll Now" link shown in the box at the top of this page. To register by mail, call NorthLegal at 623.537.7150.
Check your email. Within moments after you complete the registration process you should receive two emails.  One will be a receipt for the transaction and the other will contain a link and detailed instructions explaining how to use that link to attend the program. 
Download the handout materials by clicking here.
Call NorthLegal to obtain the password to open the handout materials.
» NorthLegal Webinars
Speaker: Eric North

Eric North, the primary speaker at the programs listed on this site, has represented the interests of credit unions and other financial institutions as an attorney with respect to litigation, compliance, governance, bankruptcy and collections matters since 1984. Eric has appeared in state and federal courts throughout the State of California, and has argued before the Ninth Circuit Court of Appeal.

Eric is also a nationally recognized speaker on legal issues relating to consumer lending institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.

Live program scheduling conflict?

No problem! Registration for a NorthLegal webinar automatically entitles you to watch it live AND to watch the archived version as many times as you like for six months! 

If you or your staff can't make the live program, you still have plenty of time to watch when it is more convenient for you!