Section 6261 – Deficiency judgment
§ 6261. Deficiency judgment. (a) General rule.–If the proceeds of a resale under section 6260 (relating to sale of motor vehicle after repossession) are not sufficient to defray the expenses regarding the repossessed motor vehicle, including the costs under section 6256 (relating to buyer’s liability for costs), the net balance due on the installment sale […]
Section 6251 – Repossession authorized
§ 6251. Repossession authorized. (a) When repossession may occur.–An installment seller or a holder, who has lawfully acquired a motor vehicle installment sale contract, may retake possession of the motor vehicle if the buyer: (1) is in default in the payment of an amount due under the contract; or (2) has committed another breach of […]