§ 9609 Secured Party Collateral Possession
You bought a car with a loan and used the car as security. You stop making payments.
The bank can take your car back. They can do this by getting a court order or just taking it if they don’t cause trouble. If your loan agreement says so, they might also tell you to bring the car to a nearby location so they can pick it up.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 9609 Secured Party Collateral Possession
Last verified: January 23, 2026